SA’s business confidence rises — for now

Business sentiment improved in the first quarter of 2022, adding a positive tone to the economy as it recovered from the spread of the Omicron variant of the coronavirus towards the end of 2021.

Eskom and global geopolitical instability have emerged as major risks and the respite may prove to be short-lived as respondents were surveyed before the Russian invasion of Ukraine that has roiled global markets and pushed oil prices above $130 a barrel. SA is now facing a double whammy from supply shocks that might derail the global economy, and the possibility that an inflation spike will lead to sharply higher interest rates locally...

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Business confidence lifts, but Russia casts a cloudRMB/BER index improved to 46 in the first quarter from 43 in the previous three months, driven by vehicles, wholesaling and manufacturing
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Business Maverick: McDonald’s, Coca-Cola Hit Pause on Russia Amid Rising BacklashMcDonald’s Corp., Coca-Cola Co. and Starbucks Corp. are temporarily halting business operations in Russia amid an intensifying backlash since the invasion of Ukraine started nearly two weeks ago. This can look good but if the war last longer it can push some Rasians to start alternative business and after the war they found they no longer have market
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »

SA business mood recovers, faces Ukraine war risks | Fin24South African business confidence climbed in the first quarter as the negative impact of the pandemic, power cuts and a three-week strike in the steel and engineering industry began to wane.
แหล่ง: Fin24 - 🏆 21. / 63 อ่านเพิ่มเติม »