Durbs happiest city

2009-01-23 00:00

Johannesburg — Durbanites have a more optimistic outlook for the South African economy over the next six months than Capetonians and Johannesburg residents.

This is according to the MasterCard Worldwide Index of Consumer Confidence for the first half of 2009, released this week.

The SA portion of the survey, which focused on the market’s three main urban centres – Johannesburg, Cape Town, and Durban – showed Durban scored 89,6 out of 100, while Johannesburg and Cape Town had scores of 83,3 and 57,3 respectively.

Cape Town’s score is its lowest ever, according to the index.

The index showed that SA overall scored 78,7 out of the highest possible consumer confidence level of 100.

According to the index, SA climbed in the MasterCard Worldwide Index of Consumer Confidence’s overall rankings, and is now the second-most optimistic country in the Middle East and Africa region.

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