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Sacci hails ConCourt Nkandla ruling

Sacci says the judgment in the Constitutional Court has reaffirmed the independence of the judiciary.

FILE: Chief Justice Mogoeng Mogoeng hands down its Nkandla judgment in the Constitutional Court on  31 March 2016. Picture: Gia Nicolaides/EWN.

JOHANNESBURG - The South African Chamber of Commerce (Sacci) says the historic judgment in the Constitutional Court has reaffirmed the independence of the judiciary which will foster confidence in the business sector.

Sacci welcomed the judgment, saying it will positively impact its business confidence index.

Eleven justices unanimously found against President Jacob Zuma, saying he broke his oath to uphold the Constitution.

The chamber says investors can now take solace in the fact that the rule of law is intact in South Africa and applies to all its citizens.

Sacci CEO Alan Mukoki said, "Now you can stand proud and as a South African and say to any potential investor come to South Africa, yes, there are problems, but here is how we deal with them."