WATCH: The role of manufacturers in solving SA’s unemployment crisis
Manufacturing production sector grew 2.2% year on year thanks to the production of beverages, metal products and machinery. But some economists believe the sector is not reaching its full potential.
Manufacturing has benefited from the strengthening global demand but it is still being constrained by weak domestic appetite and persistent policy uncertainty, which has weighed on confidence levels.
Investec’s Annabel Bishop talks to Business Day TV about whether the increase in manufacturing output in October is worth getting excited about, and what it means for job creation.
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