
Manufacturing sector worried about future prospects
READ: Manufacturing | Sentiment shows signs of a rebound
The latest Absa Manufacturing Survey shows a marginal decline in business confidence. It now stands at 33 points - slightly lower than the 34 points in the first quarter..
Sachin Chanderdhev is the Sector Specialist for Manufacturing at Absa Business Banking and he unpacked these numbers and more during a sit down with eNCA.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


eNCA
2 hours ago
- eNCA
Sourcing investment for new bulk water projects
PRETORIA - The South African National Water Resources Infrastructure Agency Bill was signed into law in August 2024. READ: Water supply a pipe dream for some Jozi residents This paved the way for the establishment of the water infrastructure agency to enhance water infrastructure and quality. The state-owned entity will solicit investments for new bulk water projects. The water and sanitation portfolio committee says the agency should avoid repeating the failures of other state-owned-entities by putting in place mitigation procedures to ensure success and efficiency. Director General at the Department of Water and Sanitation, Dr Sean Phillips discussed this with eNCA.


eNCA
2 days ago
- eNCA
Deadline looms for Trump's tariffs
PAARL - Amid tariff uncertainty on a range of South African products, the wine industry is looking to alternative markets. South Africa Wine represents 2,500 growers, 500 wineries and exporters, and facilitates market access, research, training and transformation. eNCA Business Anchor, Melissa Tighy spoke to Rico Basson, executive director of South Africa Wine, for his take. He said it's too early to say what the impact of job losses would be.


eNCA
2 days ago
- eNCA
Former Mauritian president urges BRICS support
SEVILLE, SPAIN - As global leaders prepare to gather for the BRICS summit, this weekend, the focus turns to Africa's role within this powerful bloc of emerging economies. Brazil, Russia, India, China, and South Africa, are not just strategic allies, they are also key trading partners for the continent. READ | G20 president SA warns global turmoil hurts poorer nations China alone accounts for over R4.935 trillion rand in trade with Africa over the past 15 years. But beyond trade figures lies a bigger question: how can BRICS support Africa's growth in a way that ensures the continent retains the value of its resources? To answer this question eNCA spoke to former Mauritian president Ameenah Gurib-Fakim.