South Africa BCI Steady

Business confidence in South Africa was steady in December from the prior month, with export and import volumes and the value of building plans improving, a survey showed on Wednesday, Reuters reported. The South African Chamber of Commerce and Industry’s monthly business confidence index stood at 93.8 in December, largely unchanged from 93.9 in November. “Positive monthly contributions to the BCI mainly came from merchandise export and import volumes, the rand exchange rate and the real value of building plans passed,” SACCI said.