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Construction confidence records an all-time low

The FNB/BER Civil Confidence Index fell to an all-time low of five in the second quarter, as a result of the sharp decline in activity. This is due to many firms having been closed in April and May. After rising from 10 to 24 between the first...

There are tough times ahead, warns Ramaphosa

President Cyril Ramaphosa says the South African economy is in the throes of the anticipated fallout due to the global crisis. In his weekly newsletter on Monday morning, Ramaphosa acknowledged that the country is facing what he calls, a ‘job...

Building confidence at all-time low

The FNB Bureau for Economic Research (BER) Building Confidence Index has fallen to an all-time low of 4 in the second quarter of this year, following the 13 recorded in the first quarter of the year. The current level of the index...