Manufacturers remain gloomy about outlook for business
Sector battles load-shedding, Transnet’s woes, water-shedding in some parts of SA and continued pressure on production costs
07 December 2022 - 20:13
Manufacturers remain gloomy about future business conditions and their fixed investment plans, while firms continue to be pessimistic about future investment plans, a survey found.
The BER-Absa manufacturing survey showed that manufacturing business confidence remained unchanged at 26 index points in the fourth quarter, a reading well below its long-term average of 39...
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