The FNB Building Confidence Index showed that confidence in the industry declined from 66 in the first quarter of 2008 to 50 in the second quarter.

Consumer confidence in South Africa has fallen to a four-year low, according to the latest consumer confidence index by First National Bank and Stellenbosch University’s Bureau…

The current global economic turmoil is unlikely to ”impoverish” South Africa and there is some good in the weaker rand, according to First National Bank chief economist Cees…

Finance Minister Trevor Manuel’s national budget charts a pragmatic course that offers hope for better times ahead, the South African Chamber of Commerce and Industry said on…

Consumer confidence has surprisingly rebounded to close to its previous record, according to the First National Bank (FNB)/Stellenbosch University Bureau for Economic Research’s…

Consumer confidence declined further during the third quarter of 2007, according to First National Bank and Stellenbosch University’s Bureau of Economic Research’s consumer…