insert_link Business / Economics South Africa’s manufacturing output falls sharply in April SA manufacturing output drops. Photo: Reuters Statistics South Africa has reported that manufacturing production in April 2025 dropped by 6.3% year-on-year, marking the sector’s sixth consecutive monthly decline and its steepest fall since March 2024. According to Reuters, while production improved on a month-to-month basis—rising 1.9% from March—it failed to offset the significant annual contraction The downturn in April was broad-based. The food and beverages sector led the drop with […] today11 June, 2025
insert_link South Africa DA Warns of Economic Risks as S.A. GDP Growth Slows In S.A, the DA says the weak 0.6-percent gross domestic product growth rate in the fourth quarter of 2024 is a warning sign that unless urgent action is taken, the country will continue to slide deeper into economic decline. Statistics South Africa attributed the growth to, among others, an increase of 17.2-percent in the agriculture, forestry, and fishing industries. The DA’s, Mark Burke, says the economy is clearly in crisis, […] today5 March, 2025
insert_link Business / Economics 27 February Morning Biz News: Hyphen Expands Training, SA Inflation Rises, Tesla Stock Drops Hyphen Hydrogen Energy Expands Green Hydrogen TrainingHyphen Hydrogen Energy has signed a Memorandum of Understanding (MoU) with the Hardap Regional Council to address the skills gap and prepare local workers for employment in the green hydrogen industry. According to The Brief, this collaboration is part of Hyphen’s broader efforts with the Namibian government to develop specialized training and capacity-building programs. South Africa’s Inflation Rises to 3.2% in JanuaryConsumer inflation in […] today27 February, 2025
insert_link Business / Economics Morning Biz News – 21 February 2025 Namibia Poised for Historic Trade Milestone Namibia is set to make history with its first export under the African Continental Free Trade Area (AfCFTA), marking a significant milestone in the country’s trade expansion efforts. According to The Brief publication, the Chamber of Commerce and Industry has called on local businesses with consignments ready for shipment by next month to participate in this groundbreaking initiative. The move is expected to enhance […] today21 February, 2025
insert_link South Africa South Africa’s manufacturing production rose by 0.8-percent in October South Africa's manufacturing production rose by 0.8-percent in October, with the biggest growth in the petroleum, chemicals, and food sectors. However, the motor vehicle sector dropped by 16.6-percent. Statistics South Africa’s Nicolai Claassen says manufacturing sales went up by 2.3-percent from September, but fell by 1.2-percent over the last three months: today11 December, 2024
insert_link South Africa Cosatu Expresses Concern Over South Africa’s 0.3% GDP Contraction S.A Union Cosatu says it is disheartening that the country’s gross domestic product has contracted by 0.3-percent in the third quarter compared to the second quarter. Statistics South Africa said the leading contributors to the decline were agriculture, transport, and communications. Cosatu’s, Zanele Sabela, says for a brief period, it appeared as if things were improving when expanded unemployment fell by 0.7-percent, and inflation dropped to 2.8-percent: today4 December, 2024
insert_link South Africa South Africa’s Manufacturing Output Drops 0.8% in September According to Statistics South Africa, the country’s manufacturing output fell by 0.8-percent in September, with the automotive sector largely responsible. This marks the second month of declining output, following a 1.2-percent drop in August. StatsSA’s Nicolai Claassen says production in motor vehicles, parts, and transport equipment fell by 18.7-percent, accounting for a significant portion of the overall decline: today14 November, 2024
insert_link South Africa EFF has welcomed the consumer price inflation figures released by Statistics South Africa In S.A, the EFF has welcomed the consumer price inflation figures released by Statistics South Africa, indicating a further decline from 4.4-percent in August to 3.8-percent in September. This marks the lowest inflation rate since March 2021. The EFF’s, Leigh-Ann Mathys, says this confirms the inflationary pressures faced by the country are not demand-driven, but a result of economic and global challenges that require a different monetary policy approach: Meanwhile, […] today24 October, 2024
insert_link Business / Economics SA’s inflation drops to 3.8-percent South Africa's inflation rate fell to 3.8 percent last month, down from 4.4 percent in August, marking the lowest rate since early 2021 mainly due to lower transport costs as fuel prices dropped by nine percent from last year. Statistics South Africa’s Patrick Kelly. today23 October, 2024
