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#BizPrime CHART OF THE DAY: SA business confidence

June 14, 2017 4:35 pm

The dire news for South Africa’s economy continues to pile up.
It’s now emerged that a gauge of business confidence collapsed between March and May. The RMB/ Bureau for Economic Research business confidence index came in at just 29 points for the second quarter. Business Confidence can vary between 1 and 100, where 1 indicates an extreme lack of confidence, 50 neutrality and 100 extreme confidence. So 29 is very poor indeed.

For more news, visit: http://www.sabc.co.za/news

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