Business confidence falls to two-year low

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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