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Sacci Confidence Edges Higher — But Is Sa’s Recovery Losing Momentum?

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South Africa’s business confidence ticked up again, with SACCI’s July index rising to 125.4, its strongest level since March. Economist Richard Downing explains how the improvement was driven by higher new-vehicle sales, stronger merchandise exports, and lower energy prices, while inflation pressures and weaker precious-metal prices continued to weigh on sentiment.
18 Aug 12PM English South Africa Business News · Investing

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