insert_link Business / Economics South Africa’s civil confidence index dips as business sentiment grows pessimistic Photo: Michele Spatari/AFP FNB South Africa senior economist Siphamandla Mkhwanazi has reported that the FNB/BER Civil Confidence Index dropped to 41 in Q2 2025, down from 45 in Q1, marking its third consecutive quarterly decline. Mkhwanazi said that nearly 60% of respondents are now dissatisfied with current business conditions, expressing concerns particularly about low demand, delayed project tenders, and a lack of large-scale infrastructure initiatives. Despite improved construction activity and profitability […] today1 July, 2025