{"id":93726,"date":"2025-12-01T18:54:03","date_gmt":"2025-12-01T18:54:03","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/dark-clouds-gather-over-south-africas-economy-2"},"modified":"2025-12-02T07:25:02","modified_gmt":"2025-12-02T07:25:02","slug":"dark-clouds-gather-over-south-africas-economy-2","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/dark-clouds-gather-over-south-africas-economy-2","title":{"rendered":"Dark Clouds Gather Over South Africa&#8217;s Economy"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; South-Africa. <\/strong><\/span>Sentiment among South African manufacturers plunged to the weakest level since lockdowns were implemented during the Covid-19 pandemic, as export sales remain weak and the manufacturing industry struggles to gain traction.<\/p>\n<p>Absa\u2019s Purchasing Managers\u2019 Index, compiled by the Bureau for Economic Research, fell to 42 in November from 49.2 in the prior month, the Johannesburg-based lender said in an emailed statement on Monday.<\/p>\n<p>That places the PMI below the 50 level \u2014 which indicates an expansion \u2014 for a second consecutive month and at the lowest since April 2020, the data shows.<\/p>\n<p>The biggest contributor to the slump was a steep decline in the index reading for new sales orders to 35.6 from 48.9 in October.<\/p>\n<p>\u201cExport sales remained weak \u2013 as they have been since the end of 2024 \u2013 suggesting that a renewed drop in demand was largely driven by the domestic economy,\u201d Absa said. \u201cIndeed, some comments refer to a slowdown after a short-lived revival.\u201d<\/p>\n<p>The business activity index declined to 36.7 from 49.4, reflecting persistent weakness and a \u201clack of traction\u201d in South Africa\u2019s official manufacturing data.<\/p>\n<p>South Africa will publish third-quarter gross domestic data on Tuesday that\u2019s expected to show the economy grew 0.5%, according to the median estimate of 11 economists in a Bloomberg survey. Manufacturing data for the three months through September show the sector only managed 0.1% growth.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">South-Africa<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; South-Africa. Sentiment among South African manufacturers plunged to the weakest level since lockdowns were implemented during the Covid-19 pandemic, as export sales remain weak and the manufacturing industry struggles to gain traction. Absa\u2019s Purchasing Managers\u2019 Index, compiled by the Bureau for Economic Research, fell to 42 in November from 49.2 in the prior [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":93725,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[275],"class_list":["post-93726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-south-africa-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Dark Clouds Gather Over South Africa&#039;s Economy - South Africa<\/title>\n<meta name=\"description\" content=\"Sentiment among South African manufacturers plunged to the weakest level since lockdowns were implemented during the Cov ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/dark-clouds-gather-over-south-africas-economy-2\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dark Clouds Gather Over South Africa&#039;s Economy\" \/>\n<meta property=\"og:description\" content=\"Sentiment among South African manufacturers plunged to the weakest level since lockdowns were implemented during the Cov ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/dark-clouds-gather-over-south-africas-economy-2\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-01T18:54:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-02T07:25:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2025\/12\/sm_1764609210.180458.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/dark-clouds-gather-over-south-africas-economy-2#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/dark-clouds-gather-over-south-africas-economy-2\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Dark Clouds Gather Over South Africa&#8217;s Economy\",\"datePublished\":\"2025-12-01T18:54:03+00:00\",\"dateModified\":\"2025-12-02T07:25:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/dark-clouds-gather-over-south-africas-economy-2\"},\"wordCount\":233,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/dark-clouds-gather-over-south-africas-economy-2#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2025\/12\/sm_1764609210.180458.jpg\",\"keywords\":[\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/dark-clouds-gather-over-south-africas-economy-2#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/dark-clouds-gather-over-south-africas-economy-2\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/dark-clouds-gather-over-south-africas-economy-2\",\"name\":\"Dark Clouds Gather Over South Africa's Economy - 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