
Load-shedding darkens prospects for factories
Lungelo Mpangase
7 min
News
Description
Intense power cuts have darkened the outlook for the manufacturing sector. With the ABSA PMI figure revealing that the activity has declined to 48.2 points, meaning that the Absa PMI is now in negative territory. Absa's Senior Economist Miyelani Maluleke joined Business Day TV to unpack the data in greater detail.
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Load-shedding darkens prospects for factories
Lungelo Mpangase