Business confidence inches up in 2018 | The Times Group: A latest Business Confidence Index (BCI) by the Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has revealed that industry players’ belief in the economy slightly inched up in 2018.
This was despite the local economy facing continued challenges such as frequent power blackouts and high cost of capital in the year.
The BCI in 2018 was calculated at 69.5 percent against 67 percent recorded in 2017. This shows that business confidence improved by 2.5 percentage points in 2018 compared to 2017.
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