May 2025

South African Business Activity Stabilises As S&P PMI Hits Neutral Mark

7 May 2025 – South Africa’s private sector showed signs of stabilisation in April, emerging from a four-month downturn as sales picked up slightly and supply chains strengthened, a survey showed on Tuesday. The S&P Global South Africa Purchasing Managers’ Index (PMI) rose to 50.0 in April, up from 48.3 in March. A PMI reading above 50 indicates

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