Load shedding adversely impacting manufacturing sector
Data published by Statistics South Africa reflects the adverse impact of load shedding and muted global economic growth on the manufacturing sector. Manufacturing production decreased by 1.1% in November 2022, compared with November 2021. The largest negative contributions came from food and beverages, wood and wood products, as well as petroleum and chemical products. Analysts say while load shedding has been a deterrent for the manufacturing sector, high input costs have also […]
