06-October-2026
Economy News
 
South Africa Private Sector Contracts at Fastest Pace Since December, PMI Shows
05-Oct-2026

South Africa's private sector contracted in September at its fastest pace since December as new orders fell sharply and supply bottlenecks and fuel-driven cost pressures intensified, a business survey showed on Monday. • The S&P Global South Africa Purchasing Managers' Index (PMI) fell to 49.0 in September from 50.5 in August.

News Source:- https://money.usnews.com/investing/news/articles/2026-10-05/south-africa-private-sector-contracts-at-fastest-pace-since-december-pmi-shows