Confidence in the manufacturing sector remains dismally low: Inde...
Confidence in the manufacturing sector remains dismally low.
The BER/Absa manufacturing business confidence index saw sentiment tick up a mere 5 points to 23 index points. This indicates that of the companies surveyed, some 77 percent of manufacturers are not confident about the future. There's also concern about the prospect of the UK leaving the EU and what that might do to the trade relations South Africa enjoys with that region.
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