SA business confidence index down

Comment on this story
IOL bus mar11 RMB Independent Newspapers File photo: Leon Nicholas

Johannesburg - South Africa's RMB/BER business confidence index fell two index to 41 in the first quarter of the year, indicating the majority of companies were unhappy with business conditions in Africa's largest economy.

The Rand Merchant Bank (RMB) survey was conducted by the Bureau for Economic Research (BER) before last week's power outages, which may have had a further negative impact on the outlook of firms.


sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines