Weak consumer demand, elevated input costs and even industrial action may lead to job cuts over the next year, says an employer organisation.
Last week's Agent Provocateur column in the M&G stated that the Manufacturing Circle had done a "U-turn" in respect of its monetary policy.
The South African manufacturing sector is in a crisis which requires changes to the country's policies, says the Manufacturing Circle.
Manufacturers have criticised the lack of concern shown to the industry in the wake of proposed electricity tariff hikes.
Manufacturers will appeal to the National Energy Regulator of South Africa (Nersa) for relief on its planned electricity tariff hikes