Business confidence remains depressed in fourth quarter
A rebound in building confidence makes up for significant falls in wholesale and retail confidence
23 November 2022 - 20:48
Business confidence dipped in the final quarter of 2022, further highlighting the impact that insufficient electricity, poorly functioning ports and a failing railway network have on SA’s growth prospects.
After dipping from 42 to 39 in the third quarter, the RMB/BER business confidence index (BCI) slipped to 38 in the final quarter, with more than six out of 10 respondents saying they are unsatisfied with prevailing business conditions...
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