Mining and manufacturing output improves but rocky road lies ahead
Both sectors face challenges, particularly Eskom power cuts, which are expected to weigh on SA’s recovery
10 September 2020 - 19:37
Mining and manufacturing data for July showed that the pace of the annual decline in these key sectors of the economy, which were some of the biggest drags on growth during the second quarter, has eased off.
Though this may hint at the first signs of recovery, both industries still face an uphill battle as the economy opens up, not least because of electricity supply constraints. These are expected to weigh heavily on SA’s economic recovery potential in the coming months, say economists...
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.