Export growth ‘not exciting’

South African exports
may have recovered from
the global economic crisis,
but the country is by no
means out of the woods
yet.This is according to
Nicola Weimar, senior
economist for Nedbank,
who says that while
volumes are up, the
recovery rate following
the recession in the
country is still very slow.
“The same can be said
for the manufacturing
industry where we are
seeing an increase after it
came to a near standstill
last year. But we are
calculating from such a
low base that the increase
in volume in exports and
in manufacturing products
we are seeing now is not
much to be excited about.”