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flag South African business confidence drops to five-month low due to global and local factors.

flag South African business confidence dropped slightly in March to a five-month low, according to the SACCI Business Confidence Index. flag The decline was driven by global economic pressures, including the war in the Middle East, and local factors such as a volatile rand, falling share prices, and reduced trade. flag Despite the monthly dip, confidence remained higher than in March 2025, supported by increased vehicle sales and tourism.

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