# The South African Chamber of Commerce and Industry’s latest Trade Conditions Survey has revealed a deterioration in trade for August 2025. Only 40-percent of respondents reported positive conditions, down from July’s temporary boost linked to interest rate cuts and pension fund withdrawals. Global uncertainty, weak economic performance, and unemployment weighed heavily. Although lower inflation and fuel costs offered relief, SACCI CEO Alan Mukoki warned that rising municipal tariffs and weaker exports signal mounting pressures on local businesses and investor confidence.
SACCI survey shows trade conditions deteriorate in August