Thanks to a major slump in
demand, just under three
quarters (73%) of local
manufacturers described
business conditions as either
“poor” or “fragile” during
the second quarter of 2015,
compared to 67% in the
same period last year.
These were some
of the findings of the
Manufacturing Circle’s
Quarterly Review (Q2 2015)
of manufacturing business
conditions which was
launched in Johannesburg
last week.
Speaking to FTW
after the launch,
executive director of the
Manufacturing Circle,
Coenraad Bezuidenhout,
said that manufacturers’
main concern was Eskom’s
ongoing inability to keep up
with South Africa’s energy
demands.
Business confidence plummets
28 Aug 2015 - by Adele Mackenzie
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FTW - 28 Aug 15

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