A private manufacturing survey hit a 14-month low in August as the Caixin/Markit Purchasing Manager's Index (PMI) came in at 50.6 — the weakest since June 2017.
China's manufacturing activity improved in August but sales weakened amid a worsening tariff war with Washington, a survey showed Friday.
The rand opened about 0.5 percent weaker on Tuesday, trading near the R13.40 mark before strengthening to R13.28 during intraday trade.
Limpopo is second on Stats SA’s list for most jobs created in the past year, with increases in employment in manufacturing, finance and trade.
Eskom's load shedding in the light of ongoing protest and strike action by workers is impacting South Africa's economy negatively, Alan Mukoki, CEO of the SA Chamber of Commerce and Industry (Sacci) told Fin24 on Friday.
Rolls-Royce is expected to cut thousands of jobs this week as chief executive Warren East details how the engineering giant’s latest restructuring will work.
The Pre-Africa Rail localisation workshop will bring together representatives from the rail industry, government and labour.
Despite renewed optimism in the South African economy, it would seem like the manufacturing market isn’t improving any time soon.
The South African manufacturing industry has come under significant pressure in the last decade with the traditional manufacturing industry currently in the throes of a digital transformation that is accelerated by the exponential growth of smart technologies.