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Business Confidence

  • Business Confidence will accelerate growth in South Africa
  • The RMB/BER Business confidence index for 2018 Q1, rose sharply to 45, the highest level since 2015. A level above 50 is considered positive, but it's a move in the right direction. As mentioned last week, improvements in investor, business and consumer confidence is the tail wind behind improving economic growth. There are a few obstacles that could come in the way of increasing growth li... ››› more
  • [20 March 2018]
  • The case for making South Africa a globally competitive country again - Part 1
  • 1994, apartheid ended and democracy was born. It was the beginning of a bright future for South Africa. Over two decades of freedom, South Africa worked hard to revitalise the declining economy left by apartheid. Between 1994 and 2013, the South African economy experienced positive growth in every quarter except for 2 of the 78 quarters. In both instances where the South African economy expe... ››› more
  • [07 January 2016]
  • Business confidence continues to ebb as a struggling economy takes its toll
  • Earlier today saw the release of the RMB/BER business confidence index. The data showed that business confidence is continuing to fall. So what is putting pressure on business confidence? Let's take a closer look… The business confidence index falls to 36   Business confidence has hit 36 for the last quarter of the year, reports Fin24. This after the index fell “from 42 to... ››› more
  • [26 November 2015]
  • The IMF cuts South African economic growth forecasts again
  • Yesterday, the International Monetary Fund (IMF) released its global economic growth forecasts. The organisation cut its growth forecasts for this year and next. The forecasts are lower than others, including the South African Reserve Bank's. So what does the IMF think lies ahead for SA? Let's take a closer look… The IMF pencils in lower economic growth The IMF believes that ec... ››› more
  • [07 October 2015]
  • Business confidence slides to a multi-decade low
  • Yesterday, the South African Chamber of Commerce and Industry (SACCI) revealed that business confidence in the country hit a 22 year low last month. So what's causing business confidence to continue to fall? Let's take a closer look… Business confidence plunged to 81.6 Last month, business confidence sunk to hit “its lowest level since the end of apartheid,” reports Fin24. Thi... ››› more
  • [07 October 2015]
  • Business confidence hits a four year low as South Africa's economy limps along
  • Today saw the release of the RMB/BER business confidence index data for the third quarter of this year. The data showed that the index is now sitting at levels not seen since 2011. So what's putting pressure on the index? Let's take a closer look… Business confidence dips again The business confidence index (BCI), which the Bureau for Economic Research conducts and Rand Merchan... ››› more
  • [09 September 2015]
  • Business confidence edges slightly higher in July
  • Earlier today, the South African Chamber of Commerce and Industry (SACCI) released its business confidence data for July. The business confidence index recovered from lows not seen since 1999. So what's behind the small rise? And how can business confidence improve going forward? Let's take a closer look… Business confidence rose to 87.9 The business confidence index (BCI) came... ››› more
  • [05 August 2015]
  • Business confidence continues to slide
  • Earlier today, the South African Chamber of Commerce and Industry (SACCI) released its business confidence data. The index revealed a hefty slide since last month. This takes business confidence down to levels not seen since 1999. Let's take a closer look at what's going on… The business confidence index fell to 84.6 points The business confidence index slid “to 84.6 points ... ››› more
  • [07 July 2015]
  • Business confidence is feeling the strain from persistent power problems
  • Earlier today, the South African Chamber of Commerce and Industry (SACCI) released its business confidence index (BCI) data for May. The index revealed a stark fall from April. It now stands at its worse level for 16 years. The main issue putting a dampener on business confidence is the impact of power supply problems. Let's take a closer look at what the data revealed… The busine... ››› more
  • [03 June 2015]
  • The PMI shows an improvement in SA business conditions for the first time this year
  • Earlier today saw the release of the HSBC purchasing managers' index covering March. It showed that for the first time since late last year, there was a rise in output. The economic indicator suggests conditions are improving in the private sector. Let's take a closer look at what the data revealed… PMI grew at its fastest pace in five months HSBC’s purchasing managers’ index ... ››› more
  • [07 April 2015]
  • Business confidence hits a near two-year high in February
  • Yesterday, the South African Chamber of Commerce and Industry (SACCI) released its business confidence index data for February. The rise in the key measure is in spite of a lacklustre South African economy. Let's take a closer look at what the data showed… Business confidence hit 92.8 in February The business confidence index (BCI) climbed “3.5 index points to 92.8” last month... ››› more
  • [04 March 2015]
  • South Africa's power supply problems put pressure on business confidence
  • Earlier today, the South African Chamber of Commerce and Industry (SACCI) released its business confidence data for January. The data, as measured by the business confidence index (BCI), showed the worst start to the year since 1997. There are a number of economic reasons for this, including the negative impact of load shedding. Let's take a closer look at what the data revealed… ... ››› more
  • [05 February 2015]
  • Business confidence comes under pressure in December and 2015 isn't looking much better
  • Yesterday, the South African Chamber of Commerce and Industry (SACCI) released its figures for business confidence in December. In spite of showing some recovery in November, the business confidence index fell in December. The main factor putting pressure on business confidence is the rand's poor performance. And business confidence looks likely to remain under pressure through the New Year.... ››› more
  • [09 January 2015]
  • Business confidence falls to its worst level in 15-years
  • Earlier today, the South African Chamber of Commerce and Industry (SACCI) released its business confidence index (BCI) for last month. The data showed that it dropped to its lowest level since October 1999. So why did the index fall? Let's take a closer look… BCI came in at 88.8 for the month Business confidence dropped to “88.8 in October,” reports Fin24. That’s down fro... ››› more
  • [05 November 2014]
  • After a slight wobble, the rand strengthens for a second day
  • On Monday, President Jacob Zuma named the replacement for outgoing Reserve Bank governor Gill Marcus. The rand reacted favourably to his choice. A slightly weaker dollar and an improvement in business confidence also helped the rand hold its ground. Let's take a closer look at what's going on with the local currency… The rand had another stable day Yesterday, the rand continued to... ››› more
  • [08 October 2014]
  • Business confidence creeps slightly higher in September
  • Yesterday, the South African Chamber for Commerce and Industry (SACCI) released its business confidence data for September. For the second month in a row, the SACCI reported a slight rise in business confidence. Let's take a closer look at what the data showed… Business confidence is stabilising The SACCI’s business confidence index (BCI) “nudged up 0.2 points to 89.2 in Sept... ››› more
  • [08 October 2014]
  • Business confidence recovers slightly as economic activity picks up
  • Earlier today, the South African Chamber of Commerce and Industry (SACCI) released its business confidence index for August. After hitting a 15-year low, the index rose slightly through August. Let's take a closer look at what led to the rise… Business confidence rose to 89 in August The business confidence index, which measures business sentiment, “has recovered from a 15-year ... ››› more
  • [03 September 2014]
  • Business confidence slides lower as unemployment worries grow
  • Yesterday, the South African Chamber of Commerce and Industry (SACCI) revealed its business confidence index for July. The indicator showed that worries are growing over unemployment as strikes continue to plague different sectors of the economy. The rand weakened on release of the data. Let's take a closer look at what the index showed… Strikes hit business confidence hard SAC... ››› more
  • [08 August 2014]
  • South African business confidence notches up in December
  • Yesterday, the South African Chamber for Commerce and Industry released its business confidence index data for December. Compared to November, the index showed an improvement, but concerns remain. Let's take a closer look at what the data revealed… The South African Chamber for Commerce and Industry (SACCI) said yesterday that its business confidence index (BCI) “edged up to 91.9 in December... ››› more
  • [10 January 2014]
  • Business confidence dips in November
  • Earlier today, the South African Chamber of Commerce and Industry (SACCI) released its business confidence index for November. The data showed that confidence is under pressure as concerns grow about the health of SA's economy. Let's take a closer look at what the data revealed… SACCI’s business confidence index (BCI) covering November “saw one of its worst performances, on a month on mont... ››› more
  • [05 December 2013]
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