Remember the book “been down so long it looks like up to me”? Probably not. Anyway, business confidence is apparently up nearly as high as it was at the end of the boom years. Huh? Even the SA Chamber of Commerce and Industry does not quite believe what its own survey, the Business Confidence Index, is telling it. As we note in a story on the issue, SACCI says about the latest findings: “Given the slow economic global recovery and low inflation and even deflation in the US, Japan, China and a number of other economies, it becomes apparent that markets may be too optimistic about the strength of the recovery of the global economy.”
While we have your attention...
An increasingly rare commodity, quality independent journalism costs money - though not nearly as much as its absence.
Every article, every day, is our contribution to Defending Truth in South Africa. If you would like to join us on this mission, you could do much worse than support Daily Maverick's quest by becoming a Maverick Insider.
Click here to become a Maverick Insider and get a closer look at the Truth.
Burger King is called "Hungry Jack's" in Australia. This is due to one restaurant in Adelaide having already claimed the named Burger King.