South Africa’s business mood is improving, with a gauge compiled by the South African Chamber of Commerce and Industry averaging 111.2 for the first half of 2024. This is an improvement from 109.8 recorded over the same period last year.

The sentiment gauge rose to 109.1 in July from 107.8 in May. South Africa’s new multiparty government has created an opportunity for the country to boost economic growth and investment, the business group said.

🔗 Bloomberg