sme index

The Absa SME index declined for the second time in a year during the first quarter of 2014, with a total quarterly decrease of 2.2% and a yearly decrease of 3.8%. The index declined to its lowest number in two years to 93.4 from 95.6 in the last quarter of 2013. Although South Africa has not yet entered into a recession, slower growth over the last few years is clearly reflected in the overall index. Both the number of employers and the number of self-employed has declined to just above two … [Read more...] about Shrinking economy pushes SME Index into decline