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A construction site
South Africa’s economic growth outlook is expected to continue the positive run when the fourth-quarter Gross Domestic Product (GDP) figures are released.
Stats SA will publish the data on Tuesday following a turbulent year for business, characterised in part by the impact of United States trade tariffs.
Economists anticipate the fourth-quarter reading will likely moderate from the previous quarter’s 0.5% expansion.
Chief Investment Officer at Makwe Fund Managers, Makwe Masilela, says improved market sentiment and stronger commodity prices helped support the economy in 2025.
“The likes of agriculture as well, we think they will come, you know, continue to help the GDP, given that we continue to have a nicer rise as well. Yes, we know the tariffs kicked in. But remember, we managed to have to get some markets as well to be able to export it too. So that would help. My biggest concern is that we might continue to see manufacturing not doing that great, especially if you look into our November and December manufacturing production data, that continued not to be that great. So that might be a lackluster compared with the other ones. But yeah, sure, one expects to see a positive economic growth come Q4 of last year.”
VIDEO | Investment Specialist Lunga Mahlaba says geo-political tensions could hamper the positive economic outlook:
https://www.youtube.com/watch?v=6XGRc7ln0xY
