Statistics SA has revealed steep declines in output, with mining production down by 9.6% year-on-year in February and manufacturing experiencing a 3.2% drop over the same period.

Experts have expressed concerns about the impact these figures could have on the country's economic outlook.

Hugo Pienaar, Chief Economist at the Mining Council of SA, painted a grim picture.

“The figures for real mining production indicate a tough start to 2025, with nine out of 12 mining subcategories showing month-on-month output declines for February. As a result, total seasonally adjusted mining production declined by a steep 4.4% on a month-on-month basis,” Pienaar explained.

--ChannelAfrica--