Business confidence edges up

The SA Chamber of Commerce and Industry Business Confidence Index (BCI) improved from 91.7 points in November 2012 to 93 in December 2012 but it is still not at a convincing level to investors, according to Sacci. The BCI was 6.1 points below its December 2011 level but remains better than the substantial 8.5 year-to-year difference in March 2012.

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