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Mixed bag for business confidence as loadshedding partly countered

Mixed bag for business confidence as loadshedding partly countered
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Ettienne le rouxConfidence indexEconomist ettienne

SA business mood drops to two-year low on power cuts

Retail sentiment declined to 34 from 42 as traders were forced to cut operating hours and run costly alternative-power solutions.

South africaWestern capeSouth africanEttienne le rouxStellenbosch university bureau for economic researchFirstrand rand merchant bankRand merchant bankStellenbosch universityEconomic researchConfidence indexEconomist ettienne

Business mood nosedives to two-year low on load shedding

South African business sentiment declined to a two-year low in the first quarter as severe power outages and dilapidated logistics networks hobbled economic activity.

South africaWestern capeSouth africanEttienne le rouxStellenbosch university bureau for economic researchFirstrand ltdRand merchant bankStellenbosch universityEconomic researchEconomist ettienne

Load shedding sends business confidence over a cliff

Business sentiment declined to a two-year low in the first quarter as severe power outages and dilapidated logistics networks hobbled economic activity.

South africaWestern capeEttienne le rouxStellenbosch university bureau for economic researchRand merchant bankStellenbosch universityEconomic research

Business confidence hammered by rolling blackouts, but

The RMB/BER Business Confidence Index (BCI) declined further in the first quarter of this year, thanks to the relentless onslaught of rolling power cuts. A rare bright spots was a surge in confidence among contractors and sub-contractors, attributed to the scramble for solar panel installation..

Ettienne le rouxDaily maverickBer blackouts business confidence economy recession rmb solar panels