South Africa business activity rises in April, PMI shows

JOHANNESBURG, May 6 (Reuters) – South African private sector activity rose marginally in April as an improvement in business confidence encouraged companies to expand purchasing activity and staffing levels, a survey showed on Monday, The S&P Global South Africa Purchasing Managers’ Index (PMI) rose to 50,3 in April from 48,4 in March, its highest reading since February, […]