WATCH: Why manufacturing still has a long slog ahead
The manufacturing sector hardly recorded any growth in January, output was lifted by a tepid 0.3% year on year, compared with an expected rise of 1.2%. The introduction of a carbon tax, above-inflation cost increases in water and other administered services may compound the sector’s woes. Absa economist Miyelani Maluleke joined Business Day TV to discuss the data.
Or listen to the full audio: