Retailer confidence edged up in the fourth quarter as lower levels of load-shedding and increased utilisation of solar power that reduced the need to run expensive diesel generators boosted profitability, a survey shows.

The Bureau for Economic Research’s (BER) latest Retail Survey, released on Monday, shows retailer business confidence recovered further during the fourth quarter of 2023 increasing to 47 points from a three-year low of 20 in the second quarter and 32 during the third quarter...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.