Economy shows signs of recovery, but blackouts and Ukraine war cause concern
10 March 2022 - 19:55
SA’s year-on-year mining and manufacturing production increased, contributing positively to growth, but analysts are concerned persistent load-shedding, higher electricity costs, constrained logistics systems and the conflict between Russia and Ukraine will hinder output.
Mining is a significant sector of the economy, contributing about 7% to national GDP. It is one of the economy’s highest foreign currency earners and is a key employer in the country...
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.