March 11, 2021 Business Confidence Source: Google Images Local business confidence is expected to reach an index high of 94.7 this month due to lowering of lockdown restrictions to level one and increasing success of the COVID-19 vaccine roll-out. This is according to the South African SACCI Index, which showed a decline to 86.5 in 2020 – the lowest since it was created in 1985. The increase indicates that businesses are slowing regaining the confidence needed to navigate the new market. “The anticipated return to normal trading conditions is set to improve business values moving forward,” says Johann de Lange, Managing Director and founder of Worth.Business.