Latest mining and manufacturing production numbers worse than expected - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The largest negative contributors came from petroleum, chemical products, basic iron and steel as well as wood and wood products.Major drops came from gold, diamonds and platinum group metals.“They are all export-orientated industries.

So if you think what you’re starting to see is that the escalating trade war between China and the US is hurting activity in China, you, therefore, have actually seen a decline in Chinese exports and imports and that actually determines demand for our products. Added to that commodity prices have been weakened to stagnant and that hasn’t helped the fate of either mining or manufacturing.”

Of course. ANC policies and stupidity have destroyed both.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Michael Essien still keen on playing in south Africa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Former Ghana international Michael Essien says he can still play in South Africa if he gets an opportunity and offers. He must be joking He thinks SA is a retirement home! 🙄
Source: SABC News Online - 🏆 32. / 51 Read more »