Look after trade relations, Sacci warns
An index compiled by Sacci shows average business confidence declined
18 June 2023 - 06:02
South Africa should focus on attracting foreign investment and extending trade relations, the South African Chamber of Commerce & Industry (Sacci) said after business confidence fell to a year low.
An index compiled by the chamber showed average business confidence declined to 106.9 in May from 107.1 a month earlier. The latest figure is the lowest since May 2022, when global headwinds exacerbated by Russia’s war on Ukraine fuelled inflation and capital outflows. ..
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