Sacci business confidence lower in September, but remains above pre-Covid levels

The South African Chamber of Commerce and Industry’s (Sacci’s) business confidence index (BCI) declined to 91 in September after having registered its highest level this year to date of 97 in May. The level of 91 in September, nevertheless, reflects a better business confidence level than the pre-Covid level of 89.9 in March 2020, Sacci notes.