Posts tagged as Manufacturing Circle

We are captured by deindustrialisation

  Over the past two months we have seen two major conferences where manufacturing, job losses and the shortage of skills in all sectors of the economy have been debated. But if we break it down, the one thing impacting most on South Africa’s economy is deindustrialisation. In the 1980s, manufacturing’s contribution to GDP was 27%. […]

The importance of manufacturing for SA’s economic growth

  It is no secret that business conditions in the South African economy are fragile. The IMF reduced its GDP outlook for South Africa to 1,4% from 2% for 2015, and a tough year is forecast for 2016, with forecast growth at this stage of only 1,3%. In an environment with slow economic growth, we […]

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