
In July 2025, South Africa’s private sector showed modest growth, reflecting cautious optimism despite ongoing economic challenges. The S&P Global South Africa Purchasing Managers’ Index (PMI) slightly increased to 50.3 from 50.1 in June, signaling a marginal improvement in business conditions.
This growth was mainly driven by:
- Renewed new order growth
- Faster employment gains
Firms in the services and retail sectors reported stronger client activity, even while facing external economic pressures such as anticipated U.S. tariffs and trade tensions.
Key insights:
- The private sector is resilient and adapting well to market dynamics.
- Businesses are cautiously expanding and hiring, balancing optimism with risk.
- Sustained growth depends on further domestic reforms and global economic stability.
- Positive trade agreements and government support could enhance confidence.
- A collaborative approach between government and business is crucial for a stronger, more inclusive economy.
These developments highlight the importance of continued cooperation to improve South Africa’s position within the regional economy. For more updates, stay tuned to Questiqa World News.