Retiring CEO helped Imperial weather the storm – Business Day
Analysts lauded JSE-listed Imperial Holdings CEO Hubert Brody, who yesterday announced he would step down in the first half of next year, after having been in charge since 2007. Mr Brody was praised for having steered Imperial through the 2008/09 recession and for developing businesses in Germany and in the rest of Africa. view article
PMI falls to an eight-month low as auto sector strike hurts new sales orders – Witness
The Purchasing Managers’ Index (PMI) fell to an eight-month low in September as a strike in the auto sector hurt new sales orders, suggesting a slowdown in the manufacturing sector, a survey showed yesterday. view article
Manufacturing takes a dive – The New Age
Manufacturing fell in September because of prolonged strikes in key industries, the Purchasing Mangers’ Index (PMI) showed yesterday. The index declined steeply by 7.4 points to 49.1 in September after a successful run in which it held above the 50 level mark for four consecutive months. view article
