South African business confidence remained largely unchanged in the third quarter of 2026, data showed on Wednesday, as companies await favourable conditions against the backdrop of geopolitical uncertainties stemming from the Iran war
The business confidence index recorded 38 points in the third quarter, versus 39 points in the previous quarter, according to a survey by the Rand Merchant Bank and compiled by the Bureau for Economic Research
“Overall, business sentiment remains subdued, with firms still awaiting renewed impetus to lift confidence and activity,” the survey showed
(Reporting by Simone Lobo in Bengaluru; Editing by Shilpi Majumdar)
TopicsECONOMYSouth Africa
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