THE incoming administration is set to inherit improved business confidence after sentiment rose in April for the first time since January in anticipation of a more stable post-election policy environment.
“The pending national and provincial elections have cautioned business in taking medium-term views and positions - notably on investment,” Mukoki said. The index, which reached a two-and-a-half-year high of 99.7 points in January last year following the ascension of President Cyril Ramaphosa as leader of the ANC, went on the back foot as Eskom’s financial and operational woes took their toll on the ailing economy.“Markets expect a rally on a strong ANC win, with potentially marked rand strength,” she said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
busrep You are as gullible as the 30percenters
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business confidence rises on post-election hopesSouth Africa’s business confidence rose in April as retail sales and import volumes improved alongside a firmer currency, a survey showed on Tuesday.
Source: City_Press - 🏆 7. / 72 Read more »
Business confidence lifts on election sentimentThe absence of load-shedding lifted confidence in April to the highest level since January — and a solid win for Ramaphosa may see it stay up
Source: BDliveSA - 🏆 12. / 63 Read more »
Bezuidenhout front runner to head Mango | IOL Business ReportA spectacular comeback that is set to shake the low-cost airline industry
Source: IOL - 🏆 46. / 51 Read more »
EXCLUSIVE: Huddle Park golf course sold for a song | IOL Business ReportThe alleged irregularities and criminal conduct occurred when the ANC was in charge of the administration of the City of Johannesburg.
Source: IOL - 🏆 46. / 51 Read more »
NCR warns credit providers against holding consumers' IDs | IOL Business ReportThis as South Africa’s 26.7 million registered voters are anticipated to cast their ballot in the National and Provincial Elections on 8 May.
Source: IOL - 🏆 46. / 51 Read more »
Volvo SA introduces six-month paid parental leave | IOL Business ReportPolicy offers mothers and fathers six months leave with 80 percent pay also applicable to same-sex parents and parents of adopted children.
Source: IOL - 🏆 46. / 51 Read more »
5 challenges faced by new Sars commissioner | IOL Business ReportMany South African eyes are carefully watching you as you take on a role that is not so easy to fulfil … writes Willem Oberholzer.
Source: IOL - 🏆 46. / 51 Read more »
Second-biggest diamond in history found, but it's not that great | IOL Business ReportA giant 1,758-carat diamond, the second-biggest ever discovered, has been found in Botswana. But it won’t fetch a record-breaking price. busrep busrep When is Great Britain giving these diamonds back to South Africa? They still have the Koh-I-Noor from India. Or are they still celebrating their conquests?
Source: IOL - 🏆 46. / 51 Read more »
DA accuses government, Eskom of hiding dodgy diesel deals | IOL Business ReportThe Democratic Alliance said the government and power company Eskom were blocking its demand for details of diesel deals.
Source: IOL - 🏆 46. / 51 Read more »
Investors need to block out ‘noise’ ahead of #Elections2019 | IOL Business ReportIt is understandable for investors to feel jittery in the run-up to the elections, but giving too much air time to market noise is never a good idea.
Source: IOL - 🏆 46. / 51 Read more »
Facebook announces new features for Facebook, Messenger and WhatsApp | IOL Business ReportFacebook announced new features for Facebook, Facebook Messenger and WhatsApp at the Facebook annual conference, F8.
Source: IOL - 🏆 46. / 51 Read more »