Tag: Richard Downing
Business Confidence for September has recovered from August’s lowest levels in 34 years which was 89.1 index points to 92.4 index points; this is According to the South African Chamber of Commerce and Industry’s business confidence index. The contributors to increased levels were merchandise exports and a strong rand. Richard Downing, Economist at the South African Chamber of Commerce and Industry joins CNBC Africa for more.
The SACCI’s Business Confidence Index for March 2019 declined by 1.6. The decline in confidence has been linked to the unstable electricity supply, electricity tariffs increase and the manufacturing output. Richard Downing, Chief Economist at SACCI joins CNBC Africa for more.