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South Africa's business confidence slips in August - SACCI
September 6, 2017 / 9:41 AM / 16 days ago

South Africa's business confidence slips in August - SACCI

JOHANNESBURG, Sept 6 (Reuters) - South Africa’s business confidence index fell to its lowest in more than three decades in August as merchandise import and export volumes fell, a survey showed on Wednesday.

The South African Chamber of Commerce and Industry’s (SACCI) monthly business confidence index (BCI) fell to 89.6 in August from 95.3 in July. SACCI said the August print was the lowest level since mid-1980s. (Reporting by Olivia Kumwenda-Mtambo; Editing by James Macharia)

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