El Niño dries up South Africa’s agricultural business confidence for the second quarter
- June 24, 2024
- Infrastructure
- 0 Comments
The Agricultural Business Chamber of South Africa (Agbiz) and Industrial Development Corporation’s Agribusiness Confidence Index (ACI) reached a 15-year low of 38 points in the second quarter of the year.
This is the lowest level since the third quarter of 2009 and compares with a level of 40 in the first quarter of the year.
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