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Positive business confidence surprises in January, but outlook is negative

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The lagged effect of load-shedding is a major concern for the economy and business confidence

Business confidence surprised to the upside in January, coming in stronger than a year ago, despite the country’s energy supply challenges that intensified since the start of the year.

The SA Chamber of Commerce and Industry released its business confidence index on Wednesday that showed business confidence increased to 112.9 index points in January from the previous year’s 108.8...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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Positive business confidence surprises in January, but outlook is negativeThe lagged effect of load-shedding is a major concern for the economy and business confidence
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