WATCH: SA’s manufacturing sector remains under pressure
Business Day TV speaks to Sello Sekele, economist at Absa CIB
02 June 2025 - 19:52
byBusiness Day TV
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The AITF mandate is to create majority black-owned businesses in the SA automotive sector. Picture: SUPPLIED
Absa’s purchasing managers index (PMI) fell 1.6 points to 43.1 points in May, marking the seventh straight month that headline PMI has been below the key 50-point mark that separates expansion from contraction.
Business Day TV took a look at the factors that have contributed to this with Absa CIB economist Sello Sekele.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
NEWS LEADER
WATCH: SA’s manufacturing sector remains under pressure
Business Day TV speaks to Sello Sekele, economist at Absa CIB
Absa’s purchasing managers index (PMI) fell 1.6 points to 43.1 points in May, marking the seventh straight month that headline PMI has been below the key 50-point mark that separates expansion from contraction.
Business Day TV took a look at the factors that have contributed to this with Absa CIB economist Sello Sekele.
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