Conversation with Renai Moothilal, CEO Naacam. South Africa’s captains of industry have urged the government to resolve the diplomatic fallout with the US, as it threatens billions of rand in trade and investment, which could cripple an already subdued economic growth trajectory. This comes as Business Confidence Index (BCI) plunged to its lowest in nine months in South Africa amid lower trade volumes, fewer tourists and a weaker rand.
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