Manufacturing

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    Jason is the senior industry analyst at FNB. Prior to joining FNB, Jason worked in the Global Markets Research team at Rand Merchant Bank. In his six years with the FirstRand group, he has advised both internal and external clients on how macroeconomic factors will impact developments within the various sectors of the economy. Before joining Rand Merchant Bank, Jason was the Head of Natural Resources research at Accenture, a global management consultancy. He holds a PhD in Anthropology from the University of the Witwatersrand.

    Manufacturing output maintained its momentum in the last month of 4Q17, with the December print coming in at 2% y/y, and up 1.1% m/m. It must, however, be remembered that the December figure comes off a low base. Food and beverages, petroleum, basic iron and steel and motor vehicle and parts manufacturing were the main […]

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    Jason is the senior industry analyst at FNB. Prior to joining FNB, Jason worked in the Global Markets Research team at Rand Merchant Bank. In his six years with the FirstRand group, he has advised both internal and external clients on how macroeconomic factors will impact developments within the various sectors of the economy. Before joining Rand Merchant Bank, Jason was the Head of Natural Resources research at Accenture, a global management consultancy. He holds a PhD in Anthropology from the University of the Witwatersrand.

    October manufacturing production increased 2.2% y/y from the –1.7% contraction in September, admittedly off a weak base. The primary drivers behind the recovery were a 7.3% jump in food and beverage output (contributing 1.8pps) and a 5.8% increase in iron and steel production (1.1pps). There was an encouraging pick up of 2.6% y/y in vehicle and parts […]

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    Jason is the senior industry analyst at FNB. Prior to joining FNB, Jason worked in the Global Markets Research team at Rand Merchant Bank. In his six years with the FirstRand group, he has advised both internal and external clients on how macroeconomic factors will impact developments within the various sectors of the economy. Before joining Rand Merchant Bank, Jason was the Head of Natural Resources research at Accenture, a global management consultancy. He holds a PhD in Anthropology from the University of the Witwatersrand.

    South Africa’s manufacturing sector continues to struggle, contracting -1.6% y/y in September, and down -0.8% on a month-on-month basis. Wood and paper products, which fell -7% y/y, shaved off -0.9pps, while petroleum product manufacturing and motor vehicles, parts and accessories declined -2.5% and -4% respectively, subtracting another -0.9pps from the number. The weakness was extremely […]

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    Jason is the senior industry analyst at FNB. Prior to joining FNB, Jason worked in the Global Markets Research team at Rand Merchant Bank. In his six years with the FirstRand group, he has advised both internal and external clients on how macroeconomic factors will impact developments within the various sectors of the economy. Before joining Rand Merchant Bank, Jason was the Head of Natural Resources research at Accenture, a global management consultancy. He holds a PhD in Anthropology from the University of the Witwatersrand.

    Manufacturing production in March increased just 0.3% y/y, and declined -0.6% m/m, while the quarterly number declined -0.9% on 4Q16. Iron and steel production (6%), glass and mineral products (10.5%) and vehicles and parts (5.8%) accounted for almost 2% growth, but was all but wiped out by lower production levels amongst petroleum (-5.3%), wood product […]

    • Date of birth:
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    • Studied:

    Jason is the senior industry analyst at FNB. Prior to joining FNB, Jason worked in the Global Markets Research team at Rand Merchant Bank. In his six years with the FirstRand group, he has advised both internal and external clients on how macroeconomic factors will impact developments within the various sectors of the economy. Before joining Rand Merchant Bank, Jason was the Head of Natural Resources research at Accenture, a global management consultancy. He holds a PhD in Anthropology from the University of the Witwatersrand.

    Manufacturing production dropped precipitously in February, declining -3.6% y/y (the worst print since July 2014 which was strike related) and -0.4% m/m. This was in sharp contrast to January’s positive, albeit meagre growth of 0.4% y/y. The headline number was dragged lower by a -6.6% y/y contraction in petroleum and chemical production and a -3.6% […]

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