South Africa’s economy surprised on the upside in the second quarter of 2025

2025-09-26

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.

Abigail Moyo, spokesperson for the trade union UASA, described the performance as a welcome development.

“The GDP growth in the second quarter of 2025 is promising news for the South African economy. This growth was supported by a strong recovery in the mining sector and increased consumer spending,” she said.

Source: IOL

Return to List