Factory activity surges in April

Factory activity rose the most in almost three years as the worst load-shedding the country has seen abated.

Manufacturing production grew 4.6% in April, after the sector saw growth of 1.3% in March.

The biggest growth drivers in the sector were a 9.4% rise in basic iron and steel, nonferrous metal products, metal products and machinery; an 18.6% jump in motor vehicles, parts and accessories, and other transport equipment; a 3.3% rise in food and beverages; and a 1.7% increase in petroleum, chemical products, rubber and plastic products.

Executive Director of the Manufacturing Circle Philippa Rodseth spoke to Business Day TV about the latest figures and whether this print could suggest a turnaround for the sector.
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