Weathering the storm

Business index points to SA beating recession this year



http://www.businessday.co.za/articles/Content.aspx?id=85067


Today’s Business Day reports that South africa’s leading business cycle indicator has risen for the fifth month running, boosting expectations that the economy will emerge from recession in the fourth quarter.


The composite leading indicator climbed a robust 2,1% in August to 112,5 from 110,1 in July, although the level is still 3,5% below the 116,6 reported in August last year.


This is good news for potential investors as it shows that the economy was and is well managed, it is an optimistic future view and it comes at a time when investors are finalizing their 2010 strategy. Investment spheres to look at are agriculture, carbon credits and transport infrastructure.






neil@directinvestment.biz