• At least eight killed in Sudan bread price protests

The New Stuff

11 Views

South Africa’s business confidence stable for January


South Africa’s Chamber of Commerce and Industry has recorded a stable business confidence for the month of January.
The business confidence index came in at 95.1 index points for January, an increase of 0.1 index points month-on-month. However it slipped from 95.2 in December.
Improved investor confidence in the industrial nation remains the remedy to higher economic growth.

Investors are waiting on the country’s budget hearing with Finance Minister Tito Mboweni on February 20.
Meanwhile, South Africa is committed to enhancing investor confidence and positioning itself as one of the leading emerging market investment destinations.
On Tuesday, President Cyril Ramaphosa assured investors that prosecutions will be made following the inquiry into allegations of state capture.
He emphasized to investors that South Africa and the African continent are destinations that offer great value. Ramaphosa was speaking on the sideline of the Mining Indaba 2019.
Agencies

Recently Published

»

Ethiopia, Djibouti sign gas pipeline deal

Ethiopia and Djibouti have a signed a deal to build a pipeline to ...

»

UN to Belgium: Apologise for colonialism, accept racism against Africans

The UN report urges Belgium not to turn a blind eye to racism and to ...

»

11th-Hour Delay of Nigeria’s Presidential Election Disappoints Millions

ABUJA, Nigeria — The weather. Sabotage of buildings storing ...

»

President Cyril Ramaphosa said: This could well be a game-changer for our country

A trillion rand over 20 years could pour into the country if a gas ...

»

Nigeria elections: Presidential candidates sign ‘peace deal’

Buhari, rival Atiku Abubakar and other candidates pledge non-violence ...

»

€20m EU finance for roads linking Eritrea ports – Ethiopian borders

The European Union, EU, has announced a €20 million programme to ...

»

Egypt’s Sisi elected new chairman of African Union

Rwandan President Paul Kagame, who led an active, reformist tenure as ...

»

South Africa’s government faces a tough balancing act

South Africa’s government faces a tough balancing act as it tries ...

»

South Africa’s business confidence stable for January

South Africa’s Chamber of Commerce and Industry has recorded a ...