South Africa Business Confidence Eases but Remains High: SACCI

The South African Chamber of Commerce and Industry (SACCI) business confidence index eased to 123.5 in March 2025, from February's multi-year high of 125.8.

The decline was attributed to reduced imports, a weaker rand against key trading and investment currencies, and falling share prices on the JSE.

However, the most significant positive factors for business sentiment in March were increased tourism, stronger exports, and a reduction in inflation.

"Despite mounting global uncertainties, South African business and financial markets managed the challenging circumstances with relative calm," SACCI pointed out.