Pietermaritzburg Chamber of Business
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One of the conversations that I often have with business leaders is how they have embraced the idea of employing and up-skilling as many people as possible, only to become disillusioned when their outstretched hand is bitten.

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Why do I find that I am bracing myself for what’s to come in 2015?

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PCB Plat Icon Platinum - $ 1250.89
PCB Gold Icon Gold - $ 1279.8
PCB Oil Icon Oil - $ 48.6
PCB JSE Icon JSE - 51080
PCB Dollar Icon Dollar - R 11.619
PCB Pound Icon Pound - R 17.527
PCB Euro Icon Euro - R 13.077
PCB Yen Icon Yen - R 0.098524
These rates are correct at time of going to press.
2015/01/29 10:53:31 AM
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Pietermaritzburg Chamber of Business

Pietermaritzburg in Pictures
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No load shedding currently taking place in Msunduzi.

Please find the schedule for the Msunduzi Municipality attached.  Please ignore the load shedding times for a Sunday.  Should load shedding take place on a Sunday it will follow the scheduled times for a Thursday.


The city’s large electricity consumers are favouring a Load Curtailment Agreement with Eskom in a bid to mitigate the impact of its projected load shedding over the next few months. The proposal, discussed extensively at a meeting facilitated by the Pietermaritzburg Chamber of Business yesterday, does not enjoy the support of Eskom provincially. 

PCB CEO Melanie Veness said Eskom’s provincial representatives are not in favour of a Load Curtailment Agreement with Msunduzi that allows business to curtail their load voluntarily and thereby avoid any load shedding.  She explained that Load Curtailment Agreements typically are signed by large industry that are direct Eskom clients. “The signing of such an agreement is considered the most favoured outcome, because of the certainty it brings,” she said.  The meeting also considered contingency plans, including the use of generators by selected big business. Read more.


There was a new vision for agriculture in the province, MEC Cyril Xaba said, saying a co-ordinated approach and a plan to create a million jobs by 2030 were the mainstays.  Xaba was speaking at a meeting between his department and various commercial agricultural organisations and roleplayers when they discussed issues such as land distribution and how they could forge a working relationship.
“This is a historic meeting. For the first time, the provincial government has met the agricultural sector. One of the first tasks I set out to do when I became MEC was to forge links with commercial agriculture. I am pleased with their willingness to engage with me.”  Xaba outlined his vision for the province and his department’s new approach to agrarian reform and the government-backed redistribution of agricultural land.  Land distribution was the main concern at the gathering.  For more, click here.


Finance minister Nhlanhla Nene has announced tough measures including tax increases, job freezes and across-the-board budget cuts to deal with low economic growth, high debt levels and lower than expected tax income.  The sale of nonstrategic state assets as well as a new funding model for state-owned enterprises (SOEs) returned to the agenda for the first time in many years.  Nene - announcing the policy shift in the medium-term budget policy statement tabled in Parliament on Wednesday - said it was "a road map to safeguard the public finances". Two years of fiscal consolidation were needed to put public finances on a more sustainable footing, he said.  The minister’s bold and disciplined approach was greeted favourably by the bond market, with the benchmark R186 strengthening by 15 basis points on the day. Lower-than-expected inflation figures contributed significantly.  For more about the austere Budget policy statement and Treasury slashing growth forecasts, click here.

Please find attached a notice issued by the Msunduzi Municipality regarding disruptions to be expected due to the laying of new electricity cables.


Please find below a schedule indicating Eskom’s generating capacity which indicates the days on which load-shedding is most likely to take place.


Members of the public with knowledge of corruption or any other criminal practices are invited to use a newly-instituted hotline to report these abuses. Information can be shared either by phone – 080 100 0545 or through email - msunduzihotline@tip-offs.com

To enable effective follow-up, the information ideally should contain:
• Names of people involved.
• Date and time of the incident or theft.
• Whether there is any proof.
• Whether it happens regularly.
• Where the incident took place.
• Whether there was money involved.
• Whether there are any witnesses.

Business Skills Programme
Calendar of Events

The PCB is to publish its very own quarterly glossy business magazine.

Capital will promote the greater Pietermaritzburg and KwaZulu-Natal Midlands area through a focus on enterprise. People, and the myriad ways in which they make money and succeed, are what drive an economy and shape the future. Their stories - often inspiring and frequently surprising - are the stories that Capital will tell.

Capital will speak to both a local audience and to a wider national and international readership. It will achieve this through the focused distribution of a quarterly, A4-sized glossy magazine enhanced by a multimedia edition that drives reader interaction beyond what is possible with print. Complete with video, audio, photo galleries, research polls and clickable adverts, this innovative digital version, along with the print issue, will be distributed far and wide via other chambers of business, government departments, consulates, airports and subscriptions.

Should you wish to be part of this publication please contact: Heidi Jadoo on 033 345 2747 or pcb@pcb.org.za. The booking form is attached and adverts will be accommodated on a first come, first serve basis.

This sneak peek of the interactive, digital magazine is to show you what we are doing with Capital magazine.


The Pietermaritzburg Chamber of Business (PCB) was constituted in August 2002 following unity negotiations among three former business organisations – the Pietermaritzburgse Sakekamer, the Midlands Black Business Chamber and the Pietermaritzburg Chamber of Commerce and Industries.   In forming a new chamber of commerce and industry, the unifying bodies agreed to forego their independent identities.    Following the unification, the PCB was afforded the recognition of the local and provincial governments as the representative of the business community in Pietermaritzburg.

SACCI Logo - Affiliated member.jpg

The PCB is an affiliate member of the South African Chamber of Commerce and Industry (SACCI) and through this national chamber is linked to the International Chambers of Commerce (ICC) and the World Chambers Federation (WCF). 

The PCB is a registered Non-profit Company in terms of the Companies Act no. 71 of 2008 and a registered Non-profit Organisation (027-519-NPO).

Read more.

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