Busi­ness con­fi­dence hits six-month high

Business Day - - FRONT PAGE -

SA’s econ­omy may be show­ing signs of a re­cov­ery af­ter busi­ness con­fi­dence rose to the high­est level in six months in Oc­to­ber — a month in which Pres­i­dent Cyril Ramaphosa hosted an in­au­gu­ral in­vest­ment con­fer­ence and named a new fi­nance min­is­ter. The in­dex mea­sur­ing busi­ness sen­ti­ment climbed to 95.8 from 93.3 in Septem­ber, the Jo­han­nes­burg­based SA Cham­ber of Com­merce and In­dus­try said on Wed­nes­day. The gauge was at 92.9 a year ago.

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