Business confidence remains stagnant, says SA Chamber of Commerce

  • 📰 City_Press
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

The SA Chamber of Commerce and Industry (Sacci) said its business confidence index has remained stagnant over the past four months suggesting an unencouraging business climate for economic activity.

BUSINESS

Business confidence is on the mend after declining from a 117.3 index point peak last December according to the SA Chamber of Commerce and Industry's Business Confidence Index . Last month the index increased by 1.9 points albeit three index points lower when compared with July last year. However, the average BCI during the first half of this year was still 0.7 index points higher than the corresponding period last year. Sacci said the index has remained stagnant over the past four months suggesting an unencouraging business climate for economic activity.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

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.

Business confidence falls in July on reduced merchandise export volumesHigher real financing costs and the weak rand contributed too, the SA Chamber of Commerce and Industry business confidence index shows
Source: BDliveSA - 🏆 12. / 63 Read more »

Business confidence falls in July on reduced merchandise export volumesHigher real financing costs and the weak rand contributed too, the SA Chamber of Commerce and Industry business confidence index shows
Source: FinancialMail - 🏆 20. / 63 Read more »

The future of AI: Is your business ready for this transformation?The use of artificial intelligence is transforming nearly every industry, but not every business is prepared for this shift.
Source: BoksburgNews - 🏆 40. / 51 Read more »

WEBINAR | An SME guide to navigate business challengesSPONSORED | Register for this Nedbank event where industry experts will offer practical strategies to make your business thrive
Source: BDliveSA - 🏆 12. / 63 Read more »