South African Business Confidence Rises in July Despite U.S. 30% Tariff Shock
Johannesburg — August 13, 2025 South Africa’s business sentiment rebounded in July, even as the newly imposed 30% U.S. tariff posed a fresh headwind. According to the South African Chamber of Commerce and Industry (SACCI), the Business Confidence Index climbed to 116.7 from 113.2 in June, signaling renewed optimism backed by stronger manufacturing, vehicle sales, and contained inflation . Turning Up in […]