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Manufacturing conditions recovered in November with business activity, new sales orders  and employment moving into positive terrain, even as firms negotiated the load-shedding that has plagued SA in recent weeks. 

The latest Absa Purchasing Managers’ Index (PMI) — a monthly gauge of sentiment in the manufacturing sector and an early indicator of underlying economic activity — rose to 57.2 points, the highest level for the headline PMI since May, before the third wave of Covid-19 and social unrest sent shock waves through the economy in July...

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