SA business outlook rose on expectations of a coalition government

South African companies’ confidence in the economy improved before last week’s election on expectations that results would produce a coalition government. The Business Confidence Index rose to 35 in the second quarter from 30 in the prior three-month period, according to a report compiled by Rand Merchant Bank and Stellenbosch University’s Bureau for Economic Research.

Business confidence ahead of the election showed a welcome up-tick, but remained below the levels conducive to foster increased private sector investment and faster economic growth,” said Isaah Mhlanga, chief economist and head of research at RMB. “Lower inflation through the remainder of the year, and the possibility of a somewhat lower policy interest rate later in the year could boost consumer spending.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Sarb’s leading business indicator points to economy remaining weakRMB/BER Business Confidence Index also sees more challenges on the horizon.
Herkunft: Moneyweb - 🏆 5. / 77 Weiterlesen »

Business confidence improves in the second quarter, but businesses still gloomyBusiness confidence increased despite uncertainty about the election outcome and the absence of load shedding.
Herkunft: TheCitizen_News - 🏆 6. / 75 Weiterlesen »

Here’s why MTN Business won the 2024 MyBroadband Award for Best Business ICT Solutions ProviderMTN Business boasts an extensive market presence, high client satisfaction, and a reputation for innovation.
Herkunft: mybroadband - 🏆 11. / 67 Weiterlesen »

Empower Your Business with Vodacom 4U and Vodacom Business ProductsAre you a young entrepreneur aiming to carve your niche in the market? Or perhaps you oversee a small to medium-sized enterprise striving for growth and operational efficiency? Look no further than Vodacom 4U, your trusted ally in harnessing state-of-the-art solutions tailored to your business requirements.
Herkunft: BusinessTechSA - 🏆 24. / 61 Weiterlesen »

Empower Your Business with Vodacom 4U and Vodacom Business ProductsAre you a young entrepreneur aiming to carve your niche in the market? Or perhaps you oversee a small to medium-sized enterprise striving for growth and operational efficiency? Look no further than Vodacom 4U.
Herkunft: mybroadband - 🏆 11. / 67 Weiterlesen »