Business confidence troughed in May before ticking up
Confidence is still well below 2019 levels, with Sacci questioning the government’s handling of the lockdown and virus-related corruption
12 August 2020 - 12:32
Business confidence troughed during May, surpassing the plummet experienced during the severest phase of the lockdown, according to data from the SA Chamber of Commerce and Industry (Sacci) on Wednesday.
Following the fall to 70.1 index points in May, its lowest level since the index began, business confidence picked up during June and July when it reached 82.8 points, according to the latest Sacci business confidence index. ..
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