WATCH: Can SA’s factories weather the headwinds they face?

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South Africa Headlines News

Business Day TV spoke to Absa senior economist Miyelani Maluleke

Factory activity picked up in November, with the Absa purchasing managers index rising to 57.2 points from a revised 53.6 points in October.

The increase was largely due to a rebound in business activity and new sales orders. But rising input costs, supply chain bottlenecks, weak economic growth and load-shedding put this positive momentum at risk.

 

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