«The elephant in the room they can't discuss is [the election], and if the elephant could stop the Fed, for no political reasons, but because the election increases volatility in the market and
hurts business confidence,» said Harris.
Since Zuma took office in 2009, economic growth in South African has averaged just 1.6 % a year, in part due to a series of policy mistakes and inappropriate appointments that
hurt business confidence.
Mr Robb said environmental and other regulations had
hurt business confidence and created uncertainty for business.
Not exact matches
Confidence grows
businesses, but overconfidence can
hurt it.
So far that hasn't
hurt the leasing
business, though the future is uncertain as retailers ponder the implications of employment, consumer
confidence and world events such as the war in Iraq.