Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

SOUTH AFRICA DAYBOOK: Factory Production Quickens, Mine Output

March 10 (Bloomberg) -- South African manufacturing growth accelerated in January, according to the median estimate of 11 economists surveyed by Bloomberg.

Factory production, which accounts for about 15 percent of the economy, increased 1.9 percent in January from 0.2 percent in December, according to the estimates, which ranged from 1.5 percent to 4 percent. Statistics South Africa releases the data at 1 p.m. from Pretoria.

The statistics agency also releases mining production data for January at 11:30 a.m. local time. Output climbed 12.3 percent in December from a year earlier with gold production increasing 2.9 percent.

* Finance Minister Pravin Gordhan speaks to Soweto business
* South Africa’s Reserve Bank to release invitation for weekly
government Treasury Bill auction that will be held tomorrow.

* The rand strengthened 0.2 percent against the dollar to 6.8662
as of 7:03 p.m. Johannesburg time yesterday.
* The FTSE/JSE Africa All-Share Index fell 0.02 percent to close
at 31,820.37 yesterday.
* The yield on the benchmark government R157 bond decreased 9
basis points to 7.87 percent.

* Bowler Metcalf Ltd. (BCF SJ): The plastic-packaging maker said
first-half earnings for the period through December increased 32
* Sanlam Ltd. (SLM SJ): South Africa’s second-biggest insurer
publishes earnings results for the year ended December.
* Tradehold Ltd. (TDH SJ): The retail investment company said it
will raise 650 million rand ($95 million) in a rights offer.

To contact the editor responsible for this story: Vernon Wessels at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.