African currencies such as the South African rand, Zambian kwacha, and Ghanaian cedi demonstrated significant resilience against the US dollar in October 2025.
economy
According to the institution’s prediction, South Africa’s real GDP growth rate is 1% this year and will rise to 1.6% next year.
South Africa’s latest government revenue and expenditure data surprised on the upside, suggesting the country may stay on track to achieve fiscal consolidation this year despite sluggish economic growth.
South Africa’s economy surprised on the upside in the second quarter of 2025, with Gross Domestic Product (GDP) expanding by 0.8% quarter on quarter and 0.6% year on year, buoyed by a rebound in mining and increased consumer spending.
The machine tools market in South Africa is expected to reach a projected revenue of US$ 281.0 million by 2030.
Economists at Nedbank have raised their economic growth expectations for South Africa in 2025 following better-than-expected numbers in the second quarter.
Some economists have forecast an uptick in economic activity in the second quarter of 2025 when Statistics South Africa (Stats SA) releases the latest gross domestic product (GDP) figures on Tuesday.
The real estate market in South Africa performed outstandingly in 2024. The improvement in rental income and market stability have driven industry growth.
South Africa’s finance ministry and central bank said in a joint statement on Monday that technical work on whether to change the country’s inflation target was drawing to a close.
Manufacturing in South Africa holds a significant position in its economic system. It is a key force driving economic growth, creating jobs and promoting exports.
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