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South Africa business mood ticks up after virus curbs eased

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An index measuring South African business sentiment rose to a three-month high in January after coronavirus restrictions were eased following the country’s exit from a fourth wave of infections. Moneyweb BusinessNews

An index measuring South African business sentiment rose to a three-month high in January after coronavirus restrictions were eased following the country’s exit from a fourth wave of infections. The South African Chamber of Commerce and Industry business confidence index rose to 94.1, from 92 in December, the group said Wednesday in an emailed statement.

Addressing high levels of government and household debt, maladministration and corruption in the public sector and restoring the country’s investment-grade credit ratings are key to reviving business and investor sentiment, according to Sacci. © 2022 Bloomberg jQuery.on { event.preventDefault; jQuery.animate).offset.top }, 500); }); jQuery.ready { jQuery.bind { jQuery.lightBox }); function getSelectedText { if { var range=window.getSelection; return range.

 

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