Business confidence fell to its lowest level in two years in the first quarter as rolling blackouts hit manufacturers and retailers in particular.
But sentiment among building contractors held up as businesses and households rolled out renewable energy and other load-shedding mitigation measures...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 TimesLive Premium.
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Rolling blackouts knock business confidence in manufacturing and retailThe rolling blackouts and deteriorating household income during the first quarter of 2023 knocked out business confidence in the manufacturing and retail sectors. 💡Eskom
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Business mood nosedives to two-year low on load shedding | BusinessSouth African business sentiment declined to a two-year low in the first quarter as severe power outages and dilapidated logistics networks hobbled economic activity. | News24_Business _Business Vote 🗳️ vote 🗳️ vote 🗳️ f…. Anc _Business I'm tired of pretending Please educate... What does 'declined to a 2-year low' mean _Business Today I closed my once very successful business. Lot of people without jobs now. Families without an income. I had enough.... immigrating to New Zealand in a month. Good luck SA... I wish you all the very best!
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Business confidence in South Africa continues to circle the drainThe latest RMB/BER Business Confidence Index shows warning signs for business in South Africa.
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Business confidence falls in first quarter but boon for those who install backup powerManufacturing confidence crashed in the reporting period, hit by the frequency of power cuts and poorly run logistics infrastructure
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