There’s no doubt he knows what the biggest threats to the turnaround efforts are, but remains captured by party dogma, writes Pieter du Toit.
Showers early. More sun than clouds. Cool.
Business confidence has been on a steady decline over the past decade.
Business confidence improved in the fourth quarter for the first time in almost two years, yet the economy remains stuck in a downward phase.
Confidence increased from its lowest level in more than three decades in September.
SA can learn something about building business confidence from the tech giants like Google and Amazon, says Grant Sieff.
The business climate in South Africa still lags behind conditions that prevailed in 2018, according to the latest Business Confidence Index released by the SA Chamber of Commerce and Industry.
The president, speaking to farmers on a wine estate in Stellenbosch, says he is a 'huge supporter' of business delegations accompanying him on official international trips.
Experts told Fin24 that while larger companies have become more responsive to South Africa's grid challenges in the past decade, small businesses remain vulnerable.
The index dropped to 93.4 in February to from 95.1 in the previous month, the South African Chamber of Commerce and Industry has said.
For the first time since July 2018, respondents in the Absa Purchasing Managers' Index expect business conditions to improve in six months' time.
Consumer confidence levels have deteriorated substantially during the third quarter of 2018, according to the latest FNB/BER Consumer Confidence Index.
This is the longest period the index has trended below 50 points in nearly a decade. Meanwhile the perception of general economic conditions in the country fell to the lowest level since 2016.
Investors are reluctant to make decisions in an uncertain environment, says the SA Chamber of Commerce and Industry.
Business confidence declined in July after improving marginally in June, according to the latest South African Chamber of Commerce and Industry Business Confidence Index.
Business confidence ticked higher in June, but remains below levels from a year ago after weak economic data and power blackouts in the first half of 2019.
The Business Confidence Index of the SA Chamber of Commerce and Industry has improved compared to March, but is still below that of April 2018.
De Beer Attorneys announced last month that it would initiate a class action against Eskom on behalf of businesses that have suffered losses due to load shedding.
President Cyril Ramaphosa has his work cut out if he doesn't want business confidence to go into a deep funk, says Ferial Haffajee.
The business chamber says the Business Confidence Index's upward momentum from early 2018 slowed and started to stagnate towards the end of the year.
Business conditions in the private sector deteriorated for the sixth consecutive month, but there are signs of a turnaround in the economy, according to the IHS Markit Purchasing Manager's Index for December.
Mozambican companies are facing a collapse in revenue because of an interbank-payments system outage that began last week, according to the country’s biggest business association.
Western CapeIsilumko Staffing (CPT)R4 500.00 - R5 000.00 Per Month
Western CapeOdwyer PersonnelR14 000.00 Per Month
Cape TownMass Staffing ProjectsR300 000.00 - R400 000.00 Per Year
R 8 500 000
R 16 000 000
R 3 995 000
We subscribe to the Press Code.
You choose what you want
News24 on Android
Get the latest from News24 on your Android device.
Terms and Conditions
24.com Terms and Conditions - Updated April 2012
Creating your profile will enable you to submit photos and stories to get published on News24.
This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.