A South African purchasing managers' index (PMI) survey showed that conditions in the manufacturing sector remained depressed in March, but there was a slight improvement in sentiment thanks to better demand. Absa's PMI rose to 48.7 points in March from 44.7 in February, but it remained below the 50-point mark that separates expansion from contraction. Thami Ngubeni spoke to Andiswa Nondudule, an Economist at Absa Corporate and Investment Banking..

<p>A South African purchasing managers' index (PMI) survey showed that conditions in the manufacturing sector remained depressed in March, but there was a slight improvement in sentiment thanks to better demand. Absa's PMI rose to 48.7 points in March from 44.7 in February, but it remained below the 50-point mark that separates expansion from contraction. Thami Ngubeni spoke to Andiswa Nondudule, an Economist at Absa Corporate and Investment Banking..</p>

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

<p>In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.</p>