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Business confidence starts 2022 on a positive note

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Sacci business confidence index rose more than expected in January, which the chamber says shows the resilience of SA business and society

Strong export and import activity, together with robust retail sales, delivered a surprise boost to SA business confidence in January, underlining the resilience of the private sector, according the latest SA Chamber of Commerce and Industry business confidence index .

Sacci’s index rose 2.1 points to 94.1 in January from December, a three-month high, and better than the 92.5 points forecast by economists surveyed by Bloomberg...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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