South African Chamber of Commerce and IndustryIn the news
Business confidence remained steady in July; this was according to the South African Chamber of Commerce and Industry (SACCI) Business Confidence Index (BCI) released on Tuesday, Business confidence has been under pressure in 2026 due to rising fuel prices and inflation linked to the ongoing Middle East tensions.
BUSINESS

South African business confidence steady despite economic pressures

Despite ongoing inflation and rising fuel prices, South Africa's Business Confidence Index remains steady in July 2026, driven by new vehicle sales and merchandise exports.

  • Yogashen Pillay
2 min read