Noluthando Mthonti-Mlambo speaks to Itani Magwaba, Chief Director responsible for Structrural Industry Stats at Stats SA about their manufacturing industry report. 

Despite government’s efforts to industrialise the country’s economy, data released by Statistics South Africa shows that the manufacturing industry’s contribution to economic activity has eroded since 2005. Profits for the manufacturing industry declined from 7% in 2005 to 2% in 2021. Stats SA further notes that over 300 000 jobs were lost in the sector during the sixteen-year period.