Floods and load-shedding take a toll on mining, manufacturing sectors
Sibanye-Stillwater gold mine wage strike also weighed heavily on mining sector
09 June 2022 - 12:07
UPDATED 09 June 2022 - 19:23
SA’s mining industry had its worst month in almost two years in April, suffering a 14.9% year-on-year contraction that is almost three times worse than expected.
Mining production fell 4.3% month on month in April, from 3.2% growth in March, Stats SA said on Thursday. Output in the sector is 7% lower now than it was at the beginning of 2022...
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.