Archive for August 5th, 2008
Tuesday, August 5th, 2008
Purchasing Managers Index drops to a record low
By Mokgatla Madisha
The seasonally adjusted Investec PMI dropped to a record low* of 42.8 during July, down 1 index point from June’s 43.8. The further decline was on the back of a significant deterioration in demand, with the seasonally adjusted new sales orders index down sharply to a record low of 37.9.
Business activity remained lacklustre […]
No Comments » - Posted in South Africa by Prieur du Plessis
Tuesday, August 5th, 2008
The Sun Will Come Out … Tomorrow …
“The sun will come out … tomorrow … Tomorrow in this case may be a bit far off, but it is out there, and the goal is to make it all the way to tomorrow with your capital intact and hopefully with some gains along the way,” says Bennet Sedacca in a guest contribution to Investment Postcards from Cape Town.
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