The RMB/BER business confidence index (BCI) improved marginally to 33 points in the third quarter, from 27 in the previous quarter. This is a welcome development, but no cause for celebration as it still means two-thirds of business executives remain dissatisfied with prevailing business conditions.

There are a few things that can be done, particularly by the government, to stimulate confidence and help offset the short-term effect of the required fiscal consolidation in the face of a revenue shortfall and overspending relative to the budget...

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.