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Private-sector business sentiment languishes

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Sverige Nyheter Nyheter

61% of respondents are unsatisfied with prevailing business conditions in SA, a survey finds

Despite some progress with economic reform, private-sector business sentiment has struggled to pick up meaningfully in recent quarters, tracking below the 50-point neutral level for the last three quarters, a survey shows.

The RMB-BER Business Confidence Index released on Wednesday shows sentiment falling slightly further from 42 to 39 in the third quarter. This means that 61% of respondents are unsatisfied with prevailing business conditions in SA. ..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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