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. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now