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Briefing
South Africa: Manufacturing Sector
Appears in:
Frontier Markets, Middle East and Africa, Macroeconomy, South Africa, Sectors and Industries
Critical Issues
Background:
The manufacturing sector accounts for 15% of the South African economy and hence is a huge source of employment for the country. The sector is diversified, dominated by the agroprocessing, mining, automotive and clothing and textiles industries. Metallurgy and mining account for nearly one-third of the manufacturing sector, employing more people than any other industry within the sector. In the throes of the global economic slowdown, the manufacturing sector contracted for nine consecutive months through June 2009. South Africa’s varied resources have contributed to making it an attractive destination for major multinational automotive companies to assemble vehicles, catering to local and international demand.
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Associated Readings
Analysis
Standard Bank
Dec 10, 2009
South Africa Manufacturing:Encouraging gains, but fundamentally still weak
Analysis
Standard Bank
Jan 13, 2010
SA Manufacturing: Recovery will be stifled
Analysis
Citigroup
Jan 13, 2010
Focus on Nigeria — “Things fall apart” – well not quite'; South Africa — Manufacturing recovery on track in Q4London
Analysis
Standard Bank
Jan 21, 2010
South Africa: Macroeconomic perspectives & forecasts
Analysis
Statistics South Africa
Oct 09, 2009
Mining: Production and sales
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