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Business confidence up in July as favourable environment returns

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The improved sentiment is a result of increased merchandise export and import volumes and more new vehicles sold, Sacci report says

Business confidence improved in July, signalling the return of a more favourable investment climate, an industry survey said on Wednesday.

The SA Chamber of Commerce and Industry’s business confidence index stood at 110.3 in July, 1.8 index points higher than in June and 6.1 points higher than in May...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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