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Business confidence up slightly but remains deep in negative territory

PUBLISHED: Wed, 27 Nov 2019 12:17:20 GMT

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The RMB/BER Business Confidence Index rose five index points from 21 in Q3 to 26 in Q4. Despite the slight uptake- only three of the five sectors that make up the Business Confidence Index rose. Moreover, strong majority of business executives surveyed still express a sense of pessimism. Have we bottomed out- is this the beginning of the uptick? RMB Chief Economist, Ettienne Le Roux joins CNBC Africa for more.


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