Indicators

South Africa Business Mood Hits 14-Year High on Tourism Boom

A surfer rides a wave at Durban's North Beach.

Photographer: Michele Spatari/AFP/Getty Images

South African business confidence surged in November to its strongest level since 2011, aided by a tourism boom.

A measure of sentiment compiled by the South African Chamber of Commerce and Industry rose to 132.3 in November from 123.8 in the previous month.