Local business confidence set to improve

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.

Launched in 2020, Worth.Business is an online tool that makes business valuations more accessible for companies of any size. Frequent valuations can help financial professionals and business owners to position their clients or businesses to capitalise on opportunities that arise due to the improvement in the market. 

“Business values are dynamic and will continue to change as trading conditions improve. The traditional valuation process may cause businesses to miss out on opportunities as it is a cumbersome and expensive process to go through if done frequently. Given the current climate, it is important for business owners to know their company’s worth through frequent, credible valuations,” says de Lange. 

Business confidence levels below 100 imply pessimism in the market, which can result in low appetite by local and foreign investors alike. Valuations can help attract investors and showcase local business potential. “This is why it is particularly important for investors, fund managers, and financial professionals to keep track of ongoing improvements in company values,” says de Lange. 

Worth.Business eliminates cost, complexity, and effort as barriers to business valuations, ensuring that financial professionals and business owners can do credible valuations whenever needed. Offering unlimited valuations to subscribers, financial professionals can update and compare valuations as frequently as needed. For more information on the company and the services offered, visit Worth.Business

Bandile Mathebula

Award wining writer and Journalist. Founding Editor In Chief at Sibizi News. Managing Director at Sibizi Media. Vice-Chairman at Ignite Young Minds SA. I have worked in the media industry for the past 7 years working across different brands and industries.

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

New Executive Sous Chef for Meropa Casino / Polokwane

Wed Mar 24 , 2021
Love, and a pinch of salt are chef Earl’s favourite cooking tips

Let’s get social

Hi guys so I have this Magazine called Known Magazine @knownmagazine_, we are currently on our 4th issue. Please check it out and for improvements, I'd really appreciate your feedback! - @MathapeloPitse on the cover.


#magazine #coverstar #knownmagazine

RADIO: DJ Sbu launches a second radio station

Under Leadership 2020, a personal development & educational services company, they have taken the plunge & dedicated their focus on #OpenUpTheIndustry with a second radio outfit, aptly titled HOMEGROWN


You’re officially looking at the new Uzalo, Durban Gen & Lingashoni promo editor 🙏🏾💯🔥

God came through 🚨
Shout out Bafo Media

My #BTSignature QUEENS come in both alcoholic and non-Alcoholic! We’ve got you covered! Available at all Shoprite Liquor Stores nationwide. 😍😍😍🥂🥂🥂💫💫💫


We are proud to partner with @Boity on the launch of BT Signature. A new drink that is about to change the way we celebrate, forever! Must be 18+ to enjoy🔞. Available at select Shoprite LiquorShop stores nationwide. Follow @bt_signature for more.

Load More...
Wordpress Social Share Plugin powered by Ultimatelysocial