
1. SA Manufacturing Production Falls for 4th Month, Down 2.8% Year-on-Year
Recent data updated in late April confirms that South Africa’s manufacturing production slipped by -2.8% year-on-year, marking the fourth consecutive month of downturn. Significant declines were noted in food & beverages (-4.5%) and metal products (-3.6%). Combined with a PMI of 49, the statistics reflect the negative pressure of rising energy costs driven by global conflicts.
2. Zimbabwe’s Economy Projected to Grow 5% in 2026, Outpacing Global Average
As of April 28, World Bank estimates suggest Zimbabwe is set to expand by 5% in 2026, well above the projected global growth rate of 2.6%. The positive outlook is driven by recovery in the agriculture sector, strong mining exports, and improving economic fundamentals following the stabilization of the new ZiG currency and cooling inflation.
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