• Restoring sanity to SA

    We should be driven by the thought that SA belongs to all who live in it, says Solly Moeng.

  • Clamouring for action

    2017 will see battles between politicians as well as those tired of politicking, says Daniel Silke.

  • Realistic dreaming

    Preparation and sound advice will turn entrepreneurial dreams into reality, says Ian Mann.

All data is delayed
Loading...
See More

Business confidence at 13-year low

Apr 03 2013 12:07
Reuters

Johannesburg - 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.  

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

sacci  |  business confidence  |  sa economy

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
6 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about: SMALL BUSINESS

From fossils to finance – that’s been the career trajectory of Dr Merrill van der Walt, a palaeontologist until recently. She is now a statistician with a difference.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

SA's avoidance of junk status by rating agencies: Moody's and Fitch

Previous results · Suggest a vote

Loading...