Manufacturers remain gloomy about outlook for business

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Sector battles load-shedding, Transnet’s woes, water-shedding in some parts of SA and continued pressure on production costs

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...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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