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SA business activity grew in January as Covid-19 cases receded — PMI

South African private sector activity rose slightly in January as the Omicron wave of Covid-19 cases receded, lifting demand and stabilising new business, a survey showed on Thursday. IHS Markit’s Purchasing Managers’ Index (PMI) rose to 50.9 in January from 48.4 in December, slightly back above the 50 neutral mark into expansionary territory. “The latest […]

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