Zambia Faces Economic Ripples as South Africa’s Manufacturing Slumps to 2025 Low
Zambia’s economy is expected to feel indirect pressure from weakening regional demand after South Africa recorded its sharpest manufacturing slowdown of the year in November. A monthly Purchasing Managers’ Index survey issued in Johannesburg showed the seasonally adjusted PMI, sponsored by Absa Bank, falling to 42.0 in November from 49.2 in October. A reading below…