Business confidence fell to its lowest level in nine months in July, when violence and looting spread across the economic hubs of KwaZulu-Natal and Gauteng and SA contended with harder lockdown restrictions. 

The latest SA Chamber of Commerce and Industry’s (Sacci) business confidence index released on Wednesday fell to 93.2 points — its lowest level since October — as the unrest and tougher shutdown put the breaks on a slow but steady recovery in business conditions. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now