Tag: Private Sector
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Private-sector company has kept South Africa in global UAV race
South African private-sector defence group Milkor has kept South Africa in the global top ten of larger uncrewed aerial vehicle- (UAV-) producing countries through its development of the Milkor 380 medium altitude, long-endurance (MALE) UAV. Milkor entirely financed the development of the Milkor 380 itself, and is currently producing the first batch of these aircraft,…
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South Africa’s private sector shows signs of growth in April as power crisis eases
The modest recovery was driven by improved business confidence and a reduction in power outages, a survey showed on Monday. The S&P Global South Africa Purchasing Managers’ Index (PMI) rose to 50.3, indicating a return to growth after several months of contraction. “Some of the headwinds that have held the private sector back recently showed…
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