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South Africa is set to unveil updates about its manufacturing sector and business confidence in the week ahead, amid heightened global and domestic geopolitical volatility, as well as an overall slowing of economic growth.
The South African Reserve Bank noted in its late March monetary policy statement that global growth concerns, notably in the Eurozone – its key trading partner – along with trade-related impacts on the energy sector, domestic electricity constraints and weakness in business and consumer confidence, have been generally placing pressure on the nation’s economic