Business conditions in the manufacturing sector fell for the fourth month in a row, reaching their lowest levels since 2009, when SA was grappling with the after effects of the global financial crisis.

The Absa purchasing managers’ index (PMI), hit 44.3 index points in February, its lowest level since August 2009, according to data from the bank on Monday. The decline was broad-based with four of the PMI's subcomponents falling...

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