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CEOs back inflation target cut amid declining confidence

Summary by IT-Online
The Q2 2025 Merchantec CEO Confidence Index reveals a near-flatline in overall CEO sentiment, inching up from 45.2 in Q1 to just 45.3. Confidence has bottomed out at these levels, underscoring the enduring pressure on South African corporate leaders amid persistent economic turbulence. Meanwhile, 75% of CEOs support the SARB’s proposal to lower the inflation target to 3%, viewing it as a key lever to reduce debt-servicing costs and restore macro…
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IT-Online broke the news in on Thursday, July 10, 2025.
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