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South Africa's business confidence at lowest in over 30 years
South African President Jacob Zuma attends the Dialogue of Emerging Market and Developing Countries on the sidelines of the 2017 BRICS Summit in Xiamen, southeastern China's Fujian Province on September 5, 2017. PHOTO | AFP
South Africa’s business confidence index fell to its lowest in more than three decades in August as merchandise import and export volumes fell, a survey showed on Wednesday.
The business group said South Africa’s economic performance was sub-optimal despite an positive global outlook, and improved business confidence was needed to revitalise domestic growth.
