Business confidence dipped further in the first quarter on 2023 as the rolling blackouts hit manufacturers and retailers in particular. Sentiment among building contractors, however, held up as businesses and households rolled out renewable energy and other load-shedding mitigation measures.
The business confidence declined to 36 points in the first quarter 2023, from 38 in the fourth quarter, said Rand Merchant Bank and the Bureau for Economic Research , which conducted the survey between 8 and 27 February...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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