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Thu,23Nov2017

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Manufacturing: Future may be brighter for African companies

Steel manufacturers were not so lucky in 2013. Photo©ReutersAll the factors are in place for a manufacturing revolution in Africa, but for the moment it is global companies that are profiting the most.

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Thousands of South African workers down tools

File photo©ReutersThousands of South African workers in the construction, airport technical industries and automobile sectors downed their tools Monday.

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Why is Africa's new middle class slow to enter the car market?

Chinese brands such as Geely are selling cars from around $10,000Strong economic growth and a new middle class are terms that have become synonymous with Africa over the last few years.

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Why South Africa has more cars but fewer jobs

Car ownership has yet to catch up with the increase in middle-class purchasing power/MUSTAFA OZER/AFPWhile local manufacturers report double-digit sales growth, component suppliers are shedding workers and unions are asking if government subsidies are being used effectively.

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