Confidence up in November
SA business confidence recovered slightly last month as the volume of exports rose and private sector borrowing ticked up, a survey showed yesterday.
The SA Chamber of Commerce and Industry’s monthly business confidence index (BCI) rose to 92.7 in November from 91.7 in October.
“The increase in the BCI must be repeated in the months to come to have a lasting effect,” the business body said in a statement. –