From CNBC Africa

The Experian SA and Econometrix have released South Africa’s Experian Business Debt Index (BDI) for Q2, a vital and unprecedented indicator of the overall health of businesses, as well as the South African economy.

“The Experian BDI declined in Q2 compared with Q1, from a reading of 0.4997 to 0.2840,” noted Michelle Beetar, managing director of Experian SA.

Beetar added that the decline in the BDI for Q2 of 2014 is in line with predictions reported on the Q1 reading in May, which expressed the view that in the event that the platinum mining strikes were to continue, which it did for the full duration of Q2, there was likely to be an impact on business conditions.

Written by Trust Matsilele/Read more at CNBC Africa