Progress with capital formation in first quarter

By |2024-07-11T08:17:28+02:00July 11, 2024|To The Point|

A welcome year-on-year increase in capital expenditure by selected private sector industries was recorded in the first quarter of 2024, with the asset category for plant and equipment once again in pole position. Between January and March, this asset group witnessed capital expenditure of almost R52 billion, a slight increase over the figure of R51 billion recorded in the first quarter of 2023.