South Africa's business confidence hits 22-year low

06 October 2015 - 14:02
By REUTERS

South Africa's business confidence index fell to its lowest in 22 years in September, a survey showed on Tuesday, reflecting companies' worries about sub-par domestic and global economic growth. The Business Confidence Index slid to 81.6 from 84.3 in August, reaching its weakest level since July 1993, the South African Chamber of Commerce and Industry (SACCI) said.

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