Business confidence in South Africa saw its biggest year-on-year improvement in almost two years in November.
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South African business confidence rose to its highest in over three years in May, supported by higher export volumes and manufacturing, data showed on Wednesday.
South Africa should speed up its vaccination programme and implement economic reforms to avoid further damage after virus restrictions pushed business confidence to a 35-year low in 2020, according to a local commerce group.
The measure of the business climate in 2020 remained well below the 2019 average, at 84.3 index points compared to an average of 92.6 in the first nine months of last year.
South African business confidence slumped to all-time low in April in a clear sign of the economic impact of of a nationwide lockdown seeking to curb the spread of the coronavirus pandemic.
The South African Chamber of Commerce and Industry has proposed that South Africa be divided into four time zones to help alleviate the country’s power crisis, acting CEO Peggy Drodskie said on Thursday
The South African Chamber of Commerce and Industry’s Business Confidence Index (BCI) shed 2,5 points in December 2014, declining to 88,3 from 90,8 in November, it said on Thursday. This was the lowest level since July 2014 when it measured 87,9, Sacci said in a statement.
Losses to copper theft increased marginally to R13,2m in October, up from R13m the previous month, according to the South African Chamber of Commerce and Industry’s Copper Theft Barometer. “This is the fifth monthly increase in the year and is 43 percent higher than a year ago
Copper theft increased to R13m in September, up from R12m the previous month, according to the South African Chamber of Commerce and Industry’s (Sacci’s) Copper Theft Barometer. “This is the fourth monthly increase in the year in what
A survey of road users revealed that 80% found the e-toll administration service “very poor”, the South African Chamber of Commerce and Industry (Sacci) said on Tuesday. “The gross majority of the respondents indicated that the