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More than seven out of 10 businesses indicated that they are unsatisfied with prevailing operating conditions, a survey shows.
South African business confidence fell to the lowest level since the country lost its investment-grade credit rating, as political and policy uncertainty continue to weigh on sentiment.
Business confidence in South Africa has declined by 4.2 index points to 90.5 in August from 94.7 in July, the South African Chamber of Commerce and Industry has announced.
For the first time this year, the Business Confidence Index of the SA Chamber of Commerce and Industry was below the level of a year ago.
Trade expectations for the next six months is now well into positive territory, according to an index released by the SA Chamber of Commerce and Industry.
Business confidence in SA increased in December, according to the latest Business Confidence Index released by the SA Chamber of Commerce and Industry.
The SA Chamber of Commerce and Industry's Business Confidence Index measures how businesses are experiencing prevailing economic conditions.
Reduced business confidence in SA implies reduced investment, which at best is likely to stagnate this year, says a senior analyst at Moody's Investors Service.
The Business Confidence Index for the second quarter of 2017 and Purchasing Managers’ Index (PMI) figures are to be released over the coming days.
Business confidence declined in October and November, the RMB/BER Business Confidence Index has revealed.
SA's business confidence index was stable for January, the South African Chamber of Commerce and Industry has announced.
The business climate in SA improved in September compared to August, as well as September 2017, the Sacci Business Confidence Index has shown.
The South African Chamber of Commerce and Industry has announced that its monthly Business Confidence Index rose in July, the first positive movement in six months.
Business confidence in South Africa is still reflecting patience and anticipation, says the South African Chamber of Commerce and Industry.
Respondents to the latest Absa Purchasing Managers' Index were significantly more upbeat about business conditions in SA going forward.
Business confidence in SA remains unchanged, reflecting a neutral sentiment in the market place, according to the latest index of Sacci.
Business confidence picked up in June, but recent events may see the mood change in coming months.
A sharp deterioration in business sentiment reflects more than just the impact of increased political uncertainty, according to a business confidence Index.
The SA Reserve Bank index that measures economic expectations for six months has improved for the third month in a row.
While the economy has shown signs of picking up, analysts say global economic weakness and domestic political tensions could make the reprieve short-lived.
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