Confidence up

Business confidence inched up slightly in September on firmer equities and precious metals but a lull in exports and subdued manufacturing output were a concern, the South African Chamber of Business (Sacob) said yesterday. The Sacob Business Confidence Index was at 98,7 after dipping to 98,1 in August, its lowest level to date this year. South Africa benefited from interventions by central banks to bring calm to global markets hit by a crisis with its origins in the US subprime sector. - Reuters

Business confidence inched up slightly in September on firmer equities and precious metals but a lull in exports and subdued manufacturing output were a concern, the South African Chamber of Business (Sacob) said yesterday. The Sacob Business Confidence Index was at 98,7 after dipping to 98,1 in August, its lowest level to date this year. South Africa benefited from interventions by central banks to bring calm to global markets hit by a crisis with its origins in the US subprime sector. - Reuters

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