
RMB/BER Business Confidence Index edged up ahead of national election
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GUEST – Siobhan Redford, an economist at Rand Merchant Bank
The second quarter fieldwork for the RMB/BER Business Confidence Index (BCI) was conducted among 2 500 businesses and took place from 9 to 27 May 2024, a period preceding the 29th of May national and provincial elections that were widely expected to produce a national coalition government. The second quarter BCI survey results, therefore, predates the outcome of the elections.
The second quarter fieldwork for the RMB/BER Business Confidence Index (BCI) was conducted among 2 500 businesses and took place from 9 to 27 May 2024, a period preceding the 29th of May national and provincial elections that were widely expected to produce a national coalition government. The second quarter BCI survey results, therefore, predates the outcome of the elections.