 By Prieur du Plessis, on March 3rd, 2008 posted in: South Africa  By Andre Roux The seasonally adjusted Investec PMI sunk to 46.4 in February, well below the critical level of 50. In all likelihood, the decline reflects not only the effect of a softening real economy, but also the impact of the electricity crisis on the sector. Both output and new sales […] By Prieur du Plessis, on March 3rd, 2008 posted in: South Africa By Kevin Lings In January 2008, South Africa’s trade account recorded another large deficit of R10.2 billion. The market was expecting a deficit of around R8 billion, although the trade balance is notoriously difficult to forecast. During January 2008, exports fell by a substantial 7.6%, while imports rose by a […] | Don Coxe’s Weekly WebcastPodcast – Dow Jones One minute - every hour - weekdays
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