Retailers’ confidence improves in Q4 as load-shedding slows
The BER’s latest survey shows retailer business confidence rose to 47 points in the fourth quarter from 32 the in third quarter
11 December 2023 - 12:44
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...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.