Financial services firm Absa's 2021 first-quarter Manufacturing Survey shows that, for a second quarter in a row, manufacturers are reporting issues in the supply chain that are resulting in raw material shortage constraints negatively affecting their production processes. “Currently, a major problem globally appears to be the supply of shipping containers and vessels across routes, including to and from South Africa. While manufacturers remain hopeful that this will be resolved within the quarter, the risk of successive Covid-19 waves around the globe and further lockdown restrictions is a major concern,” Absa Retail and Business Bank manufacturing sector head Justin Schmidt adds.
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