April 2025 delivered another heavy blow to South Africa’s economy as manufacturing production plunged by 6.3% year-on-year, according to fresh data from Statistics South Africa. This...
The heartbeat of South Africa’s economy is pulsing faintly these days. For the seventh month in a row, the country’s manufacturing sector remains in contraction territory,...
South Africa’s manufacturing sector is in decline and with it, jobs are disappearing. In response to alarming new data from Statistics South Africa (Stats SA), both...
South Africa’s largest steelmaker, ArcelorMittal South Africa (AMSA), has issued a stark warning: unless regulatory frameworks are urgently reformed, the country’s steel industry risks further decline,...
The South African government is stepping in to avert the collapse of the steel industry, engaging in crucial negotiations with ArcelorMittal South Africa (Amsa) to sustain...
The Department of Trade, Industry and Competition (DTIC) has expressed concern following ArcelorMittal South Africa’s (AMSA) announcement to wind down its longs steel business at its...
Rand Weakens Ahead of Manufacturing PMI Data The South African rand started the week on a weaker footing, declining 0.64% to trade at R18.15 to the...