Positive business confidence surprises in January, but outlook is negative
The lagged effect of load-shedding is a major concern for the economy and business confidence
15 February 2023 - 13:15
Business confidence surprised to the upside in January, coming in stronger than a year ago, despite the country’s energy supply challenges that intensified since the start of the year.
The SA Chamber of Commerce and Industry (Sacci) released its business confidence index (BCI) on Wednesday that showed business confidence increased to 112.9 index points in January from the previous year’s 108.8...
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