South Africa's business confidence steady in December
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South Africa's business confidence steady in December
Woman works at clothing factory at the industrial town of Newcastle
JOHANNESBURG (Reuters) - Business confidence in South Africa was steady in December from the prior month, with export and import volumes and the value of building plans improving, a survey showed on Wednesday.

The South African Chamber of Commerce and Industry's (SACCI) monthly business confidence index (BCI) stood at 93.8 in December, largely unchanged from 93.9 in November.

"Positive monthly contributions to the BCI mainly came from merchandise export and import volumes, the rand exchange rate and the real value of building plans passed," SACCI said.

(Reporting by Olivia Kumwenda-Mtambo; Editing by Joe Brock)

2017-01-11 11:48:51


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