Business confidence in the 80s; WB, Nedbank cut SA growth forecasts; Gold, Aveng
A sentiment index compiled by the South African Chamber of Commerce and Industry showed business confidence declined to an average of 92.6.
A sentiment index compiled by the South African Chamber of Commerce and Industry showed business confidence declined to an average of 92.6.
Continued political instability that hurt investor confidence and saw South Africa’s economy expand at the slowest rate since 2009 last year could threaten a recovery in 2017, economists said.