Depressed manufacturing data signals tough task for Cyril Ramaphosa
Factory output falls for fourth month running in September with nine out of 10 sectors shrinking on annualised basis
As President Cyril Ramaphosa drummed up promises of further investment in SA, data released on Thursday underscored the difficulties he faces in reviving an economy that has not grown more than 2% in the past five years.
Factory output fell for the fourth month running in September, with nine out of 10 manufacturing sectors shrinking on an annualised basis, according to Stats SA figures. ..