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31.03.202608:19:54UTC+00South Africa Attracts FDI Inflows in Q4

South Africa recorded foreign direct investment (FDI) inflows of ZAR 41.3 billion in Q4 2025, the highest level since Q2 2023, reversing outflows of ZAR 21 billion in Q3, according to data from the central bank. The turnaround was largely driven by nonresident investment in the media and entertainment, industrial equipment and services, and logistics sectors.

Portfolio investment liabilities posted a modest inflow of ZAR 2.8 billion, down sharply from ZAR 40.7 billion in the previous quarter. Nonresidents purchased debt securities worth ZAR 12.9 billion in Q4, compared with ZAR 42.7 billion in Q3.

On a cumulative basis, annual direct investment liabilities shifted from an inflow of ZAR 43.5 billion in 2024 to an outflow of ZAR 41.4 billion in 2025.

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