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.
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.
Got R50? No? Got R5? Personal finance expert Warren Ingram on how to buy shares with tiny amounts of money.
A simple savings plan for people who don’t like to budget. Bruce Whitfield interviews personal finance guru Warren Ingram.
The South African billionaire has responded to reports placing him at the centre of an alleged tax evasion scheme.
President Ramaphosa is invoking his inner Mandela for political ends, says Political Economy Analyst Daniel Silke.
He's been implicated in an elaborate tax-dodging scheme, says amaBhungane’s Craig McKune.
Commissioner at Competition Commission, Tembinkosi Bonakele says the allegations leveled against them are utter rubbish.
The new Home Affairs upgrades to the system include printing parents details at the back of the child's passport.
What are your sexual fantasies? Disclosure can bring sexual freedom, but it can also have downsides. A study lists the top trends.
The Money Show’s Bruce Whitfield interviews amaBhungane Centre for Investigative Journalism Investigative Journalist Craig McKune.
The Money Show’s Bruce Whitfield interviews Conradie for his “ShapeShifter” feature.