South Africa’s January manufacturing output up 2.5 percent yr/yr

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JOHANNESBURG (Reuters) – South Africa’s manufacturing output rose 2.5 percent year-on-year in January after expanding by a revised 1.8 percent in December, Statistics South Africa said on Tuesday.

Factory production on a month-on-month basis was down 1.6 percent and rose 1.8 percent in the three months to January compared with the previous three months.

Reporting by Olivia Kumwenda-Mtambo; Editing by James Macharia

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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