South Africa’s manufacturing sector is in decline and most of the decline has been attributed to Eskom’s load shedding which impacts production.
Energy analyst Chris Yelland says the current load shedding will have an impact on the GDP in the fourth quarter if it continues for more than a week.
An interest rate cut might be on the cards on Thursday. This is after Statistics South Africa (Stats SA) announced on Wednesday that inflation slowed to 3,7 % in October from 4,1% in in September.
Statistics South Africa (Stats SA) says the way to beat inequality is to stop viewing it as the twin to poverty.