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.
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