business confidence indexlatest news & developments
South Africa’s GDP contracted by 0.2% in the second quarter of 2026, while July mining production fell sharply. Manufacturing showed a modest recovery, but business confidence slipped to 38 in the third quarter as pressure on the economy persisted.
GDP

Sunday's economic review: Growth slows as mining slump deepens

South Africa's economy just shrank. Is worse still coming? We review the week that was.

  • Ashley Lechman
  • Yogashen Pillay
5 min read
South Africa’s latest economic data delivered mixed signals, with manufacturing confidence weakening while tourism and new vehicle sales improved. The rand remained relatively stable despite higher oil prices and global inflation concerns.
PMI

Sunday review: Rand holds firm as SA data paints mixed picture of economy

South Africa’s latest economic data delivered mixed signals, with manufacturing confidence weakening while tourism and new vehicle sales improved.

  • Ashley Lechman
  • Yogashen Pillay
5 min read