Moody’s relief: keeps SA credit rating one notch above junk, changes outlook to stable

Moody’s relief: keeps SA credit rating one notch above junk, changes outlook to stable JOHANNESBURG — In another late night drama dictating South Africa’s future, Moody’s Investors Service delivered some positive news. The country has been on tenterhooks for 90 days and the rating agency kept SA’s credit rating one notch above junk but it did change the outlook…

Blutip has appointed a local representative

One of our Canadian members, Blutip, has appointed a local representative based in Cape Town. SACANCHAM has an excellent relationship with Blutip, a Canadian company extremely interested in the opportunities Africa has to offer.  Colm Quinn, whom they have appointed as their South African representative, popped in to our office to introduce himself, and we…

Canadian Free Trade Agreement (CFTA)

A CONSOLIDATED VIEW OF THE CANADIAN FREE TRADE AGREEMENT (CFTA) Overview of the Agreement In December 2014, federal, provincial and territorial governments began negotiations to strengthen and modernize the Agreement on Internal Trade (AIT). They were guided by direction from premiers and the federal government to secure an ambitious, balanced and equitable agreement that would level…

SACANCHAM’s Board extends congratulations to President Ramaphosa

SACANCHAM’s Board members extend congratulations to President Ramaphosa In a letter to President Ramaphosa, the Board members of the Southern Africa-Canada Chamber of Commerce (SACANCHAM) assured the President of the Chamber’s support. The letter to the President reads: Date:                     22 February 2018 Dear President Ramaphosa  Re: Congratulations on your appointment on 14 February as President…