Factories in the doldrums face more load-shedding too
Manufacturing data for April was worse than the largest declines during the financial crisis in 2009 — and now, this
09 July 2020 - 14:26
UPDATED 09 July 2020 - 19:15
A collapse in manufacturing in April cemented the bleak picture of an economy brought to it knees during the harshest period of the national lockdown to slow the spread of Covid-19.
And economists are braced for more misery from a familiar source — Eskom load-shedding, which helped push the economy into its second recession in two years even before the coronavirus pandemic...
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.