President Cyril Ramaphosa says the country entered the new year with growing momentum in its economic recovery, supported by several positive indicators recorded toward the end of 2025.
Ramaphosa said this in his weekly address to the nation on Monday.
The president also highlighted the declining unemployment and poverty levels
“The economy has recorded four consecutive quarters of growth, while unemployment levels have continued to decline. Recent data released by Statistics South Africa also show a notable reduction in poverty and inequality.
“Confidence in our economy is rising. The stock exchange has been performing well and the average inflation rate is the lowest in two decades,” he said.
Ramaphosa said the Presidential Economic Advisory Council has called on the government to boost public infrastructure spending.
“Council members expressed strong support for the ongoing programme of structural transformation in key sectors such as electricity, logistics and water. These interventions, which have brought an end to load-shedding and improved rail and port performance, aim to enable competition, improve the efficiency of network industries, and reduce costs across the economy.”
He said Cabinet’s upcoming annual Lekgotla would outline coordinated actions across government to ensure the economic progress delivers tangible improvements in the lives of South Africans.
“Through these actions, by working together, we will ensure that the progress we’ve seen in the last year will have an impact on the lives of South Africans this year,” the President said
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