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South Africa’s Business Confidence On Upswing

South Africa’s Business Confidence On Upswing

SA’s business confidence edges higher

Good news for South Africa. South Africa’s business confidence index increased to 91.9 in December from 90.8 in November even though there still are worries about the economic outlook, a survey by the South African Chamber of Commerce and Industry, reports iOL.

“The economic outlook for 2014 remains varied from cautiously optimistic to concerns about a risk-prone environment,” SACCI said in a statement.