CEOs defend damning Business Confidence Index

THE CEO Africa Roundtable has defended its recently released Business Confidence Index (BCI) that gave a score of -40,2, reflecting the attitude company executives have on the current state of the economy.

The score was calculated by averaging responses from the 257 respondents who participated in the index.

Over a week ago, CEO Africa Roundtable released its 2023 BCI in which chief executive officers and senior executives gave a vote of no confidence in the economy.

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