Business is able but not willing to invest in SA until certainty, says RMB’s Ettienne le Roux

The RMB/BER Business Confidence Index (BCI) essentially flat lined at 34 in the fourth quarter. While this is an improvement on the seven and a half-year low of 29 in the second quarter, sentiment clearly remained depressed. The poll was therefore finalised ahead of Standard & Poor’s decision to downgrade South Africa’s local currency credit rating to speculative grade, as well as before Black Friday. RMB Chief Economist, Ettienne le Roux joins CNBC Africa for more.

Partner Content

Absa commits to growing African trade with award-winning online platform

Absa launched its online trade finance portal, Trade Management Online, in 2019

Responsible banking in a post-COVID commodity market – Investing responsibly throughout the commodity value chain

While the alcohol sector invariably draws strong feelings from across the philosophical divide during Covid-19, what is indisputable...

A Cyber Pandemic May Be Next: How secure are you in the cloud?

The Coronavirus pandemic has influenced us in a more global way than the Cold War, affecting the environment, industry, finance, healthcare, leisure...

Subscribe to our newsletter

Sign up for free newsletters and get more CNBC AFRICA delivered to your inbox