Business confidence was stuck in the doldrums  in the second quarter, hovering at a two-year low, according to a quarterly index compiled by by Rand Merchant Bank (RMB) and Stellenbosch University’s Bureau for Economic Research

The business confidence index, released on Thursday was flat at 28 index points, unchanged from the first quarter, with seven out of 10 respondents remaining dissatisfied with current conditions. The outcome was inline with the Bloomberg consensus forecast...

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