MANUFACTURING sector output will grow by 2,4 percent this year, 0,7 percentage points weaker than earlier projections of 3,1 percent on account of anticipated production challenges in the cement sector, Treasury has said.The cement sector is grappling with the influx of cheaply-manufactured imports that are posing unfair competition for local producers.Presenting the 2025 Mid-Term Budget…
Cement sector woes suck in manufacturing
Manufacturing capacity utilisation is expected to recover to 53 percent.