logo
Share

What the low-interest rate environment means for SA’s steel industry

The steel industry has welcomed the South African Reserve Bank’s decision to leave the repo rate unchanged, which it believes will relieve pressures on consumers. This is as Covid-19 slashed production and sales forecasts for the manufacturing industry. Joining CNBC Africa for insight into the sector is Chifipa Mhango, Chief Economist at the Steel and Engineering Industries Federation of Southern Africa.

Fri, 22 Jan 2021 17:09:30 GMT

Sign Up for Our Newsletter Daily Update

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.