Power cuts and the recent strike by workers in the metals and engineering sector meant business confidence made no recovery during the fourth quarter, staying firmly in negative territory.
The latest RMB/BER Business Confidence Index remained unchanged in quarter four at 43 index points, with the likelihood that power cuts and supply chain disruptions will weigh on the prospects for a recovery, according to RMB. ..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 Sunday Times Daily.
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Business confidence no better in fourth quarter than in thirdLoad-shedding and strikes kept the RMB/BER Business Confidence Index unchanged in quarter four at 43 index points
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