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What SA needs for turnaround in business confidence

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Cape Town - To bring about a meaningful turnaround in business confidence in South Africa the business environment and economic policy need consistency and long-term commitment, the South African Chamber of Commerce and Industry (Sacci) said on Thursday.

The latest Sacci Business Confidence Index (BCI) for November shows the comparative year-on-year business climate compared particularly negatively with November 2014.

The Sacci BCI shed 5.7 index points in November 2015 to register 82.7 and is 8.1 points below the BCI of November 2014.

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