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Confidence up, but economy 'not firing on all cylinders'

The Business Confidence Index rose to 86,8 last month, a point higher than the May figure.

6 Jul 2011

"The driving force behind the current performance is fragile as the basis for current high household spending levels is difficult to reconcile with employment levels and low credit extension," SACCI said. Read more

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Locals walk past trains parked at Lobito station, which forms part of the Benguela Railway line, in Lobito, western Angola. Image credit: Reuters

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