South Africa business confidence improves in November
CAPE TOWN – South African business confidence recovered slightly in November as the volume of exports rose and private sector borrowing ticked up, a survey showed on Thursday.
The South African Chamber of Commerce and Industry’s (SACCI) monthly business confidence index (BCI) rose to 92.7 in November from 91.7 in October.
“The increase in the BCI in November must be repeated in the months to come to have a lasting effect on business confidence level,” the business body said in a statement.
Source: iol.co.za