Mining and manufacturing, which make up 20% of Gross Domestic Product (GDP), are once again in the spotlight with the latest data from Statistics South Africa (StatsSA). Mining output fell 0.9% year-on-year in September while manufacturing dipped 1.6% for the same period. However, both are in the positive for the three months to September, and production figures indicate that that both will make positive contributions to economic growth in the third quarter.

Manufacturing sector improvementsStatsSA indicates a 1% rise in seasonally adjusted manufacturing production in the third quarter of 2017, when compared to the second, with six of the 10 manufacturing divisions reporting positive growth rates over this period. Similarly, the September purchasing managers index (PMI) suggested a slight improvement. However, it remains below the neutral 50 mark, which indicates expansion versus contraction.

Seasonally adjusted manufacturing production decreased by 0.8% in September compared with August. This followed month-on-month changes of 1.4% in July and 0.3% in August. The largest drops in the September manufacturing figures came from wood products, paper, publishing and printing (7% and contributing 0.9 of a percentage point); petroleum, chemical products, rubber and plastic products (2.5% and contributing 0.6 of a percentage point); and motor vehicles, parts and accessories and other transport equipment (4% and contributing 0.3 of a percentage point).

The Western Cape is hoping to impact on these figures in the future, with a push to grow the sector in the province. Manufacturing is the second biggest sector in the Western Cape and contributes about 15% to the country’s output.

The upcoming Manufacturing Indaba Western Cape will be hosting a focused discussion around growing the export market for Western Cape manufacturers into Africa. A number of high-growth opportunity sectors have been identified for investment, including manufacturing of components for renewable energy and the green economy; oil and gas components; medical devices; aerospace; and niche manufacturing.

Responding to the latest data from StatsSA, Nedbank analysts said that the latest set of production figures suggests that the economic recovery, which started off a low base in the second quarter, continued into the third quarter. However, the underlying pace was too slow and patchy to translate into any meaningful demand pressure on prices.

Image credit: Copyright: albertkarimov / 123RF Stock Photo


African Fusion

AfricanFusionAfrican Fusion, the official publication of the Southern African Institute of Welding (SAIW), aims to provide up-to-date insight into welding technology and the welding industry.

Capital Equipment News

Capital Equipment News is dedicated to the application of equipment and modes of transport that are used in the mining, construction, quarrying, and transport industries.

Construction World

ConstructionWorldConstruction World was first published in 1982 and has grown to become a leader in its field, offering a unique mix of editorial coverage to satisfy the diverse needs of its readers.

Electricity + Control

ElectricityandControlE + C publishes innovative, technical articles that provide solutions to engineering challenges in measurement, automation, control, and energy management.

Lighting in Design

LightingandDesignLighting in Design is a glossy, upmarket publication aimed at lighting professionals. It is the only B2B magazine in SA that is dedicated solely to the subject of lighting.

MechChem Africa

MechChemJanuary2017cover MechChem Africa supports African engineering and technical managers across the full spectrum of chemical and mechanical disciplines.

Modern Mining

ModernMiningEstablished in 2005, Modern Mining is one of SA's leading monthly mining magazines, noted for the quality and accuracy of its writing and the breadth of its coverage.

Modern Quarrying

ModernQuarryingModern Quarrying is firmly entrenched as a leading industry-specific magazine. It focuses on promoting the science and practice of quarrying and processing in southern Africa.

Sparks Electrical News

SparksElectricalNewsReadable and informative, Sparks Electrical News is the newspaper for those involved in installing and maintaining electrical supplies and equipment.

Full Name*
Invalid Input

Company Name*
Invalid Input

Your Email*
Invalid Input

Invalid Input

Postal Address 1*
Invalid Input

Postal Address 2*
Invalid Input

Postal Code*
Invalid Input

Street Address 1
Invalid Input

Street Address 2
Invalid Input

Postal Code
Invalid Input

Town / City*
Invalid Input

Invalid Input


Invalid Input

Invalid Input