South African businesses demonstrate resilience in challenging economic environment - Experian Report

Kaya Biz

GUEST – Jaco van Jaarsveldt, Experian’s Head of Commercial Strategy & Innovation.
South African businesses are demonstrating resilience and adaptability in the face of a challenging economic environment. This is according to the latest Experian Business Debt Index (BDI), an indicator of business health and the overall state of the South African economy.
The BDI, which measures the business conditions in South Africa relative to the macro-economic environment and the ability of businesses to pay their creditors on time, rose marginally in Q4 to 0.364 from 0.148 in Q3. This is reflecting some resilience on the part of the South African economy and the ability of businesses to cope with a low-growth environment. Kaya FM