SA business confidence low

SA business confidence low

A raft of surveys released yesterday show business confidence in South Africa is in decline in the second quarter, following a temporary improvement at the start of the year. The Rand Merchant Bank (RMB) survey, conducted by the Bureau for Economic Research (BER), fell to 43 points in the second quarter from 49 in the previous three months. The business confidence index (BCI) was dragged lower by new vehicle dealers and retailers, sectors that had…

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