Loading...
See More

Business confidence edges down

Dec 06 2012 13:03
Reuters
Johannesburg - Business confidence in South Africa declined slightly in November on worries that mining sector labour strife has slowed growth and a weak global economy is depressing demand for exports, a survey showed on Thursday.

The Business Confidence Index (BCI) dropped 0.3 index points to 91.7 in November compared with 92 in October, and was down 5.7 points year-on-year, the South African Chamber of Commerce and Industry (Sacci) said.

"The business environment remains constrained by uncertain local and global economic performance, an inconducive labour and policy environment and the consequent reservations in investor confidence," Sacci said.

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

sacci  |  business confidence

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
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Scenario planner Clem Sunter says he is as passionate about economic freedom as Julius Malema, but his bet is on entrepreneurs to open up the whole economy.
 

Money Clinic

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

Voting Booth

Introducing tablets in schools is:

Previous results · Suggest a vote

Loading...