Business confidence dips on the back policy uncertainty

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Business confidence fell in April and May, reflecting uncertainty about future policy ahead of the elections. (Delwyn Verasamy/M&G)

Business confidence fell in April and May, reflecting uncertainty about future policy ahead of the elections, and recovery rests on whether coalition talks among political parties result in a government that can take the struggling economy forward.

The South African Chamber of Commerce and Industry’s (Sacci) business confidence index (BCI) dipped by 1.1 index points to 107.8 in May after falling 5.8 points in April…



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