Business confidence flat as shocks take their toll

Source: Agbiz e-newsletter, 26 November 2021/Media release, Bureau for Economic Research, photo credit: Food Manufacture

After falling from 50 to 43 in the third quarter, the RMB/BER Business Confidence Index (BCI) remained unchanged in the fourth quarter of 2021. The outcome could easily have been better were it not for a variety of special factors that kept sentiment subdued.

The fieldwork for the fourth quarter survey took place during the first two weeks of November (27 October to 15 November). It covered 1 300 senior executives in the building, manufacturing, retail as well as wholesale and motor trade sectors.
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The South African Pork Producers’ Organisation (SAPPO) coordinates industry interventions and collaboratively manages risks in the value chain to enable the sustainability and profitability of pork producers in South Africa.