Slight improvement in business confidence
Slight improvement in business confidence

Slight improvement in business confidence

Jo-Mare Duddy Booysen
The leading indicator of the IJG Business Climate Monitor reversed its trend of the past three months and rose to 40.63 in June – up from 39.58 the previous month.
The leading indicator is used to forecast the forthcoming pattern of the overall economy. Releasing the latest business climate monitor today, IJG Securities said the leading indicator has remained below the 50-point mark for almost two years now. Values below 50 points imply economic contraction.
Overall, the IJG Business Climate Monitor in June increased to 53.84 points from 53.16 in May.

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Republikein 2024-04-27

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Premier League: Brighton 0 vs 4 Manchester City | Manchester United 4 vs 2 Sheffield United | Everton 2 vs 0 Liverpool | Crystal Palace 2 vs 0 Newcastle | Wolves 0 vs 1 Bournemouth LaLiga: Real Sociedad 0 vs 1 Real Madrid SerieA: Frosinone 3 vs 0 Salernitana | Udinese 1 vs 2 AS Roma European Championships Qualifying: Queens Park Rangers 4 vs 0 Leeds United | Coventry City 2 vs 3 Hull City English Championship: Queens Park Rangers 4 vs 0 Leeds United | Coventry City 2 vs 3 Hull City Katima Mulilo: 16° | 31° Rundu: 20° | 32° Eenhana: 17° | 33° Oshakati: 19° | 33° Ruacana: 16° | 33° Tsumeb: 17° | 31° Otjiwarongo: 17° | 30° Omaruru: 19° | 32° Windhoek: 16° | 28° Gobabis: 17° | 28° Henties Bay: 17° | 25° Wind speed: 19km/h, Wind direction: S, Low tide: 11:03, High tide: 05:02, Low Tide: 23:14, High tide: 17:32 Swakopmund: 16° | 22° Wind speed: 21km/h, Wind direction: SW, Low tide: 11:01, High tide: 05:00, Low Tide: 23:12, High tide: 17:30 Walvis Bay: 18° | 29° Wind speed: 28km/h, Wind direction: SW, Low tide: 11:01, High tide: 04:59, Low Tide: 23:12, High tide: 17:29 Rehoboth: 18° | 29° Mariental: 21° | 32° Keetmanshoop: 22° | 33° Aranos: 18° | 31° Lüderitz: 16° | 28° Ariamsvlei: 22° | 33° Oranjemund: 14° | 25° Luanda: 25° | 30° Gaborone: 15° | 26° Lubumbashi: 11° | 24° Mbabane: 11° | 20° Maseru: 10° | 23° Antananarivo: 15° | 24° Lilongwe: 13° | 24° Maputo: 17° | 26° Windhoek: 16° | 28° Cape Town: 16° | 23° Durban: 15° | 24° Johannesburg: 14° | 23° Dar es Salaam: 23° | 30° Lusaka: 15° | 25° Harare: 12° | 24° Currency: GBP to NAD 23.44 | EUR to NAD 20.1 | CNY to NAD 2.59 | USD to NAD 18.8 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.32 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.66 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.22 | USD to AOA 834.06 | USD to BWP 13.79 | USD to EGP 47.85 | USD to KES 134.48 | USD to NGN 1329.44 | USD to ZAR 18.78 | USD to ZMW 26.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 75370.99 Up +1.40% | Namibian Stock Exchange (NSX) Overall Index 1673.12 Up +1.85% | Casablanca Stock Exchange (CSE) MASI 13354.97 Up +0.06% | Egyptian Exchange (EGX) 30 Index 25917.59 Down -3.21% | Botswana Stock Exchange (BSE) DCI 9142.54 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 338.05/OZ UP +0.31% | Copper US$ 4.54/lb UP +0.71% | Zinc US$ 2 869.50/T UP 0.15% | Brent Crude Oil US$ 88.96/BBP UP +0.08% | Platinum US$ 913.47/OZ DOWN -0.0026 Sport results: Premier League: Brighton 0 vs 4 Manchester City | Manchester United 4 vs 2 Sheffield United | Everton 2 vs 0 Liverpool | Crystal Palace 2 vs 0 Newcastle | Wolves 0 vs 1 Bournemouth LaLiga: Real Sociedad 0 vs 1 Real Madrid SerieA: Frosinone 3 vs 0 Salernitana | Udinese 1 vs 2 AS Roma European Championships Qualifying: Queens Park Rangers 4 vs 0 Leeds United | Coventry City 2 vs 3 Hull City English Championship: Queens Park Rangers 4 vs 0 Leeds United | Coventry City 2 vs 3 Hull City Weather: Katima Mulilo: 16° | 31° Rundu: 20° | 32° Eenhana: 17° | 33° Oshakati: 19° | 33° Ruacana: 16° | 33° Tsumeb: 17° | 31° Otjiwarongo: 17° | 30° Omaruru: 19° | 32° Windhoek: 16° | 28° Gobabis: 17° | 28° Henties Bay: 17° | 25° Wind speed: 19km/h, Wind direction: S, Low tide: 11:03, High tide: 05:02, Low Tide: 23:14, High tide: 17:32 Swakopmund: 16° | 22° Wind speed: 21km/h, Wind direction: SW, Low tide: 11:01, High tide: 05:00, Low Tide: 23:12, High tide: 17:30 Walvis Bay: 18° | 29° Wind speed: 28km/h, Wind direction: SW, Low tide: 11:01, High tide: 04:59, Low Tide: 23:12, High tide: 17:29 Rehoboth: 18° | 29° Mariental: 21° | 32° Keetmanshoop: 22° | 33° Aranos: 18° | 31° Lüderitz: 16° | 28° Ariamsvlei: 22° | 33° Oranjemund: 14° | 25° Luanda: 25° | 30° Gaborone: 15° | 26° Lubumbashi: 11° | 24° Mbabane: 11° | 20° Maseru: 10° | 23° Antananarivo: 15° | 24° Lilongwe: 13° | 24° Maputo: 17° | 26° Windhoek: 16° | 28° Cape Town: 16° | 23° Durban: 15° | 24° Johannesburg: 14° | 23° Dar es Salaam: 23° | 30° Lusaka: 15° | 25° Harare: 12° | 24° Economic Indicators: Currency: GBP to NAD 23.44 | EUR to NAD 20.1 | CNY to NAD 2.59 | USD to NAD 18.8 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.32 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.66 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.22 | USD to AOA 834.06 | USD to BWP 13.79 | USD to EGP 47.85 | USD to KES 134.48 | USD to NGN 1329.44 | USD to ZAR 18.78 | USD to ZMW 26.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 75370.99 Up +1.40% | Namibian Stock Exchange (NSX) Overall Index 1673.12 Up +1.85% | Casablanca Stock Exchange (CSE) MASI 13354.97 Up +0.06% | Egyptian Exchange (EGX) 30 Index 25917.59 Down -3.21% | Botswana Stock Exchange (BSE) DCI 9142.54 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 338.05/OZ UP +0.31% | Copper US$ 4.54/lb UP +0.71% | Zinc US$ 2 869.50/T UP 0.15% | Brent Crude Oil US$ 88.96/BBP UP +0.08% | Platinum US$ 913.47/OZ DOWN -0.0026