According to the results of Grant Thornton’s International Business Report (IBR) for the third quarter of 2016, optimism among South African business executives regarding the outlook for the country’s economy in the coming 12 months is currently at 10%. The consulting firm acknowledges that, while this outlook may seem poor, there is a definite improvement in sentiment when compared with local business executives’ extremely pessimistic outlook of –41% recorded in the first quarter of this year. Thus, the +51% improvement in business optimism since then is certainly promising, says Grant Thornton.
Source: www.engineeringnews.co.za
Business optimism in S Africa improving, says Grant Thornton
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