March 2023

2 March 2023 – Sentiment about expected business conditions in the manufacturing industry has plummeted to its lowest in nearly three years dragged down by extensive load shedding which continues to undermine business conditions. This comes as data released yesterday showed that manufacturing activity has fallen below the neutral 50-point – which separates contractionary from […]

01 March 2023 – South Africa recorded a weaker-than-expected preliminary trade balance deficit of R23.05 billion, SA Revenue Service (Sars) said yesterday. The country’s exports amounted to R139.36bn in January, with imports of R162.41bn. The deficit was a deterioration from the R4.64bn trade balance surplus for the comparable period in 2022, Sars said. And in