70% of SA CEOs Cautiously Optimistic for 2025 GDP Growth at 1.5% Amid Slight Confidence Drop.

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GUEST – Myles Waldeck - Head of M&A Buy-Side at Merchantec Capital
The Merchantec CEO Confidence Index has recorded a 2% decrease between Q3 2024 and Q4 2024, reaching a score of 53.9. Despite this decline, 68% of CEOs still anticipate South Africa's GDP growth rate for 2025 to be 1.5%, while 32% expect it to exceed 1.5%. The Merchantec CEO Confidence Index, which consists of five components, collates views from CEOs of top South African companies on a quarterly basis and has provided a leading indicator into how business leaders perceive local market conditions and the economy going forward, by sector since 2009.
9 Jan 2025 9AM English South Africa Business News · Investing

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