Daily Maverick on MSN1h
Manufacturing outlook dims as December PMI decline raises recession fears for South Africa
The Absa PMI remains in the doldrums, a reflection of ebbing confidence in the manufacturing sector which could signal that South Africa’s economy tipped into a recession in the last quarter of 2024.
IDC seeks solutions to prevent mass job losses at ArcelorMittal South Africa
The IDC, which has a 6% stake in Amsa, last year endowed the struggling steel manufacturer with R1 billion to forestall the ...
Mining Weekly7h
State Diamond Trader to showcase South Africa’s diamond industry role
South Africa’s State Diamond Trader will be presenting an inaugural diamond show in Cape Town from February 2 to 5. Each day ...
Medafrica Times9h
South African Manufacturing Shrinks Again as Demand Weakens
South Africa’s manufacturing sector posted its second consecutive monthly decline in December 2024, reflecting ongoing ...
South Africa Factory Mood Sours on Weak Demand, Logistics Snags
Sentiment among South African manufacturers soured for a second month in December as weak domestic demand, declining export ...
South African factory sector contracts for second consecutive month in December, Absa PMI shows
South African manufacturing activity fell for the second month in a row in December, a local purchasing managers' index (PMI) ...
South African rand little changed ahead of manufacturing PMI
South Africa's rand was little changed early on Wednesday, ahead of a purchasing managers' index (PMI) survey for the ...