The growth rate of most private sector businesses decelerated in the 2015 financial period, data released by Statistics SA showed on Thursday. Although the forestry and fishing sector had a 13.7% surge in turnover for the 24 months to June 2015, beating its 2014 performance of 9.5%, growth in manufacturing and trade — SA’s largest industries outside of financial services — slowed. "Trade and manufacturing were the largest contributors to total turnover, contributing a combined 64.7%," statistician-general Pali Lehohla said on the release of the survey, which examined financial statements provided by companies.
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.