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Economy Knocks Business Confidence

Economy Knocks Business Confidence 13 September 2019 – Business confidence in South Africa declined in August from July, weighed down by concerns about the ailing economy, the South African Chamber of Commerce and Industry said on Wednesday. SACCI’s business confidence index fell to 89.1 in August from 92.0 the previous month, and was the lowest

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Tariffs not the Only Barrier to African Continental Free Trade Agreement

Tariffs not the Only Barrier to African Continental Free Trade Agreement 9 September 2019 – Tariffs alone are not the only barriers to the recently signed African Continental Free Trade Agreement (ACFTA), according to the Deidre Samson, a futures consultant and new knowledge market executive at the Institute for Futures Research (IFR), a unit for

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SA’s Current Account Deficit Widens in Second Quarter – Trade Balance Also Swings to a Deficit

SA’s Current Account Deficit Widens in Second Quarter – Trade Balance Also Swings to a Deficit South Africa’s widening current account deficit will slow the positive momentum generated by GDP’s expansion of 3.1% in Q2 6 September 2019 – South Africa’s current account deficit widened more than expected in the second quarter from the first, and

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PMI Plunges by 6.4 Points in August

PMI Plunges by 6.4 Points in August 3 September 2019 – The ABSA Purchasing Managers’ Index plunged 6.4points to 45.7points last month as the business activity and new sales orders indices slumped back into contractionary terrain from 52.1points in July.  Purchasing managers said that they expected conditions in manufacturing activity to worsen from already weak

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