South Africa is a very negative country.— Alan Mukoki, SACCI
If the rand strengthens it is seen as positive for confidence, but many businesses want a weaker currency!— Kevin Lings, Stanlib
South Africa’s business confidence index fell to its lowest in 32 years.
The South African Chamber of Commerce and Industry’s (SACCI) monthly business confidence index (BCI) fell to 89.6 in August, the lowest level since mid-1980s, from 95.3 in July.
The Money Show’s Bruce Whitfield interviewed SACCI CEO Alan Mukoki and Stanlib Chief Economist Kevin Lings.
Listen to the interviews in the audio below (and/or scroll down for more quotes from it).
People are frozen in the headlights.— Alan Mukoki, SACCI
These things jump up and down all the time.— Alan Mukoki, SACCI
We do not poll members… We only look at data…— Alan Mukoki, SACCI
Our numbers tend to track other business confidence indices.— Alan Mukoki, SACCI
Confidence is well below where we were during the financial crisis.— Kevin Lings, Stanlib
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis.
The Money Show’s Bruce Whitfield interviews Dracore Data Services CEO Chantelle Fraser.
The Money Show’s Bruce Whitfield interviews Galileo Capital Personal Financial Advisor Warren Ingram.
The Money Show’s Bruce Whitfield interviews Stuff magazine’s Toby Shapshak.
Bruce Whitfield interviews Peter Hain (Wits Business School) and Steven Powell (Director in Forensics at ENS Africa).
The Money Show’s Bruce Whitfield interviews the former CEO of Africa’s largest retailer by far.
ANC branch in the Eastern Cape, Z.R Mahabana, has launched a campaign backing Lindiwe Sisuslu as an ANC presidential candidate.
Sexwale says she advises the provincial not national ANC.
"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.
City of Johannesburg has urged residents to respect by-laws and the times set for fireworks to be used.
After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?