Covid-19 flattens business confidence as pessimism prevails - RMB's Etienne le Roux

--:--
South Africa’s Business Confidence dropped to an unprecedented low during the second quarter, the RMB/BER Index recording just 5 points out of the possible 100, the only time in its 45 years of measurement that it is in single digits. This surpasses the previous low of 12 points set in the depths of the 1977 and 1985 economic recessions. The index, measured quarterly, was already on a sharply declining trend before Covid-19 struck, falling from 26 in the final quarter of last year to 18 in the first three months of 2020. RMB chief economist Ettienne le Roux gives us more detail on the numbers. - Alec Hogg
10 Jun 2020 1PM English South Africa Investing · Business News

Other recent episodes

Herman Mashaba: Come 2025 – we will remove the ANC

Entrepreneur and former Mayor of Johannesburg Herman Mashaba is an independent politician. After resigning from the Democratic Alliance and his mayoral position, Mashaba launched The People’s Dialogue in December with the objective to “engage” South Africans in a conversation about the future of our country. Mashaba has even gone as…
29 Jul 2020 6AM 14 min

B4SA's Martin Kingston: New Covid-19 model 'conservative, responsible'

Business for South Africa representative Martin Kingston discusses Covid-19 models and fixing South Africa with BizNews founder Alec Hogg. "There are as many models as there are epidemiologists and statisticians as far as I'm concerned. But I feel the one that we have now seen and been shown today is…
29 Jul 2020 5AM 15 min