THE South African Chamber of Business (Sacob)’s business confidence index (BCI) edged up to 101.3 in September from 100.1 in August, but the overall mood remains wary. ”Although more stable than for a long time, there seems to be a cautionary element preventing the BCI from moving forward progressively,” Sacob said. Factors which negatively influenced the BCI included the rand/dollar exchange rate, manufacturing production and headline inflation. Positive factors included import and export volumes, improved vehicle sales, increased building plans, fewer insolvencies and a firmer all-share price index. – Reuters