Overview
- Official data point to modest momentum with four consecutive quarters of GDP growth, declining unemployment, lower poverty and inequality, subdued inflation and a firmer JSE.
- The Presidential Economic Advisory Council urges simultaneous increases in public infrastructure investment and reductions in the cost of doing business to secure long-term gains.
- Government has pledged more than R1 trillion for infrastructure over the next three years, with an emphasis on well-delivered projects that cut costs and create jobs.
- Cabinet will convene its annual lekgotla this week to coordinate actions across government and outline job-creation plans with a focus on youth.
- Investor confidence has improved following South Africa’s exit from the FATF grey list and a sovereign ratings upgrade, with the rand at a three‑year high even as analysts caution the recovery remains fragile.