WHY IS THE SA MANUFACTURING SECTOR NOT PRODUCING AT FULL CAPACITY?

By: Louis Van Tonder (BLU by Adcorp) Years before the devastating effects of the Covid-19 pandemic were felt worldwide, the South African manufacturing sector had been feeling the pressure. Between 2015 and 2020, the total capacity utilisation in the manufacturing sector has averaged only 79.8%. The question remains, why is South Africa’s manufacturing industry not…