Consumers and industry are under pressure
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Business Day editor Lukanyo Myanda has Business Day industrial writer Siseko Njobeni and economics writer Sunita Menon in studio this week.
They report that interest rate hikes are resulting in subdued industrial and consumer spending. Further, uncertainty around the coming elections has stunted business confidence, resulting in the lowest business confidence figures in two years.
They report that interest rate hikes are resulting in subdued industrial and consumer spending. Further, uncertainty around the coming elections has stunted business confidence, resulting in the lowest business confidence figures in two years.
