SA business confidence falls to five-month low in February

1 in January, the lowest reading since September.

“The upcoming elections do not only serve as an opportunity to establish credible representation, but also provide a platform to come to a rational and sustainable economic policy framework,” SACCI said in a statement. Analysts said the figures showed growth would remain tepid in 2019, with the Treasury’s modest forecast of a 1.5% expansion in gross domestic product in danger after recent power cuts by state utility Eskom.

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