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Higher fuel costs take toll on SA’s second quarter business confidence

Survey shows new caution among South African businesses after global shocks hit sentiment

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businessday.co.zaStai leggendo3 mesi fa

Higher fuel costs take toll on SA’s second quarter business confidence

South African confidence index fell 8 points to 39 as Middle East tensions spiked oil prices and dampened Q2 sector sentiment. One-third of firms cite energy costs forcing capex cuts and rate hikes, pressuring IT budgets and infrastructure investment.

originale

iol.co.za3 mesi fa

Business confidence slumps as Middle East conflict, inflation fears weigh on SA firms

South African business confidence has sharply declined in the second quarter of 2026, driven by rising fuel prices and geopolitical tensions in the Middle East, according to the latest RMB/BER Business Confidence Index.

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Timeline cronologica

domenica 31 maggio 2026·businessday.co.za
ECONOMIC WEEK AHEAD | Fuel prices set to rise again as Middle East conflict hits supply
Data releases to gauge business sentiment, monetary policy outlook and risks to growth
martedì 2 giugno 2026·businessday.co.za
Higher fuel costs take toll on SA’s second quarter business confidence
Survey shows new caution among South African businesses after global shocks hit sentiment

Higher fuel costs take toll on SA’s second quarter business confidence

Business confidence slumps as Middle East conflict, inflation fears weigh on SA firms

Timeline cronologica

ECONOMIC WEEK AHEAD | Fuel prices set to rise again as Middle East conflict hits supply

Higher fuel costs take toll on SA’s second quarter business confidence

Business confidence slumps as Middle East conflict, inflation fears weigh on SA firms

Business activity declines in May as rising fuel costs weigh on private sector