https://www.engineeringnews.co.za
Africa|Technology
Africa|Technology
africa|technology

CEO confidence rises 18% q/q

1st September 2016

By: Anine Kilian

Contributing Editor Online

  

Font size: - +

The Merchantec CEO Confidence Index recorded an 18% improvement in CEO confidence between the second and third quarters of 2016, continuing the upward trend in confidence since the first quarter.

The index now lies at the neutral score line of 50, returning to the confidence levels seen in the third quarter of 2014.

The overall upturn is supported by an improvement in CEO confidence across all six industry sectors measured, with the most significant increase in the technology sector.
 
South African CEOs see their ability to secure debt or equity capital as moderately better compared with six months ago. On average, CEOs are expecting growth in their company or industry and for planned levels of investment to increase.
 
In line with the overall increase in confidence, 59.3% of South African CEOs believe that South Africa will not go into a recession in 2016 owing to the strengthening of the rand and the improvement in commodity prices leading into the third quarter, as well as the results surrounding the peaceful municipal elections.

However, the potential impact on CEOs confidence of recent developments surrounding the Hawks and Finance Minister Pravin Gordhan, will become clear in the fourth quarter.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Latest Multimedia

Photo of Martin Creamer
On-The-Air (08/05/2026)
Updated 3 hours ago By: Martin Creamer

Showroom

The Steel Tube Export Association of South Africa
Steel Tube Export Association of South Africa

The Steel Tube Export Association of South Africa was established to develop sustainable, internationally competitive carbon steel tube and pipe...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 08 May 2026
Magazine round up | 08 May 2026
8th May 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.065 0.105s - 160pq - 2rq
Subscribe Now