WATCH: Why business confidence remains close to a 20-year lows

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RMB economist Mpho Tsebe talks to Business Day TV about the latest business confidence data

Business confidence ticked up slightly from 20-year lows in the fourth quarter, which is good news.

Building, manufacturing and retail trade registered improvements; confidence levels remained unchanged in wholesale trade, but morale declined in new motor trade.RMB economist Mpho Tsebe joined Business Day TV to talk about the latest data.

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