Audio By Carbonatix
Business confidence in South Africa slumped to its lowest in 13 years in April, a survey showed on Wednesday, reflecting concerns about stubbornly sluggish economic growth.
The Business Confidence Index (BCI) fell to 90.4 in March from 93 in February, the weakest it has been since April 2000, the South African Chamber of Commerce and Industry (SACCI) said.
The main sub-indices used in the survey, including inflation, the rand exchange rate, borrowing costs, share prices and precious metal prices all turned negative compared with the previous month.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Injury row, yacht trip & petition – what’s going on with Mbappe?
3 hours -
Neymar apologises for slapping teenager Robinho Jr
3 hours -
Birmingham City to host Barcelona in pre-season friendly
3 hours -
Chelsea owners face moment of reckoning amid fan backlash
3 hours -
Piqué given two-month ban after row with referee
3 hours -
Our World Cup host ‘is Fifa, not Trump or America’ – Iran
4 hours -
Mexico players given World Cup training ultimatum
4 hours -
UK Fire Aid donates fire tender, equipment to GNFS to boost emergency response
4 hours -
Man’s hand severed in cutlass clash at Akyem Nkwanum
4 hours -
McIlroy ‘more motivated than ever’ before return
4 hours -
No clear law governs re-arrest of discharged suspects – Justice Abdulai on Hanan, wife re-arrest
4 hours -
GES releases 2026/27 academic calendar; BECE set for May 2027
5 hours -
UCL: PSG beat Bayern on aggregate to set up final against Arsenal
5 hours -
Tariq Lamptey set to have Fiorentina contract terminated – Reports
5 hours -
Four burnt to death in head-on collision at Anyinasin Junction
5 hours