South Africa business mood ticks up after virus curbs eased

An index measuring South African business sentiment rose to a three-month high in January after coronavirus restrictions were eased following the country’s exit from a fourth wave of infections. The South African Chamber of Commerce and Industry business confidence index rose to 94.1, from 92 in December, the group said Wednesday in an emailed statement.

Addressing high levels of government and household debt, maladministration and corruption in the public sector and restoring the country’s investment-grade credit ratings are key to reviving business and investor sentiment, according to Sacci. © 2022 Bloomberg jQuery.on { event.preventDefault; jQuery.animate).offset.top }, 500); }); jQuery.ready { jQuery.bind { jQuery.lightBox }); function getSelectedText { if { var range=window.getSelection; return range.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google details investment plans for South AfricaGoogle has unpacked its plans to assist startups, SMMEs and nonprofits in South Africa, and help the country’s economic recovery process through large-scale investment.
Source: BusinessTechSA - 🏆 24. / 61 Read more »

Here is the new ‘earnings threshold’ for South AfricaLabour and employment minister Thulas Nxesi has announced a new annual earnings threshold under the Basic Conditions of Employment Act (BCEA), which will have implications for South African employees.
Source: BusinessTechSA - 🏆 24. / 61 Read more »