The South African Chamber of Commerce and Industry (SACCI) business confidence index rose to 116.7 in July 2025, the highest in four months, from 113.2 in June. The improvement mainly reflected stronger new vehicle sales, higher manufacturing output, firm precious metal prices, and contained inflation. Meanwhile, SACCI warned that the 30% tariff on South African exports to the US could deal a severe blow to the domestic economy. The chamber stressed the importance of maintaining positive trade relations with the US, especially in light of subdued growth forecasts for this year and next. source: South African Chamber of Commerce and Industry (SACCI)

Coincident Index in South Africa increased to 116.70 points in July from 113.20 points in June of 2025. Coincident Index in South Africa averaged 123.18 points from 1985 until 2025, reaching an all time high of 163.17 points in December of 2006 and a record low of 81.00 points in May of 2020. This page provides - South Africa SACCI Business Confidence Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa SACCI Business Confidence Index - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.

Coincident Index in South Africa increased to 116.70 points in July from 113.20 points in June of 2025. Coincident Index in South Africa is expected to be 115.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa SACCI Business Confidence Index is projected to trend around 115.00 points in 2026 and 117.00 points in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-08-13 09:30 AM
SACCI Business Confidence
Jul 116.7 113.2 120
2025-08-13 09:30 AM
SACCI Business Confidence
Jun 113.2 115.8 117
2025-10-15 09:30 AM
SACCI Business Confidence
Aug


Related Last Previous Unit Reference
Bankruptcies 155.00 130.00 Companies Jul 2025
Business Confidence 39.00 40.00 points Sep 2025
Capacity Utilization 76.30 78.00 percent Mar 2025
Car Registrations 36248.00 32570.00 Units Jul 2025
Changes in Inventories -8950.00 -24420.00 ZAR Million Mar 2025
SACCI Business Confidence 116.70 113.20 points Jul 2025
Composite Leading Indicator 100.37 100.38 points Aug 2025
Corruption Index 41.00 41.00 Points Dec 2024
Corruption Rank 82.00 83.00 Dec 2024
Electricity Production 20567.00 20389.00 Gigawatt-hour Jun 2025
Gold Production YoY 3.10 1.50 percent Jun 2025
Manufacturing Production YoY 1.90 0.70 percent Jun 2025
Manufacturing Production MoM 0.00 2.20 percent Jun 2025
Leading Business Cycle Indicator MoM 0.40 -1.30 percent Jun 2025
Mining Production MoM 2.40 0.30 percent Jun 2025
Total New Vehicle Sales 51880.00 51490.00 Units Aug 2025

South Africa SACCI Business Confidence Index
In South Africa, the SACCI Business Confidence Index reflects the neutral sentiment in the market place, as it captures the prevailing business climate and what businesses are experiencing. The index is composed by thirteen sub-indices, including energy supply, manufacturing, exports, imports, vehicle and retail sales, construction, inflation, share prices, private sector borrowing, financing cost, precious metal prices and exchange rate.
Actual Previous Highest Lowest Dates Unit Frequency
116.70 113.20 163.17 81.00 1985 - 2025 points Monthly
2020=100, NSA

News Stream
South Africa Business Confidence Up to 4-Month High: SACCI
The South African Chamber of Commerce and Industry (SACCI) business confidence index rose to 116.7 in July 2025, the highest in four months, from 113.2 in June. The improvement mainly reflected stronger new vehicle sales, higher manufacturing output, firm precious metal prices, and contained inflation. Meanwhile, SACCI warned that the 30% tariff on South African exports to the US could deal a severe blow to the domestic economy. The chamber stressed the importance of maintaining positive trade relations with the US, especially in light of subdued growth forecasts for this year and next.
2025-08-13
South Africa Business Confidence Ticks Higher: SACCI
The South African Chamber of Commerce and Industry (SACCI) business confidence index rose to 115.8 in May 2025 from a six-month low of 114.9 in the prior month. The slight improvement was supported by a firmer rand, stronger equity markets, and rising gold and platinum prices. The prior month’s decline was likely driven by fears over US trade policy, including former President Trump’s threat to impose 30% tariffs. As the US is South Africa’s second-largest trading partner after China, such measures pose a significant risk. In response, the South African government has made several trade proposals following last month’s meeting between President Ramaphosa and President Donald Trump. The country is now preparing a revised offer to purchase American LNG after its initial proposal was rejected and is also considering adopting US technology to expand domestic gas production.
2025-06-11
South Africa Business Confidence Eases but Remains High: SACCI
The South African Chamber of Commerce and Industry (SACCI) business confidence index eased to 123.5 in March 2025, from February's multi-year high of 125.8. The decline was attributed to reduced imports, a weaker rand against key trading and investment currencies, and falling share prices on the JSE. However, the most significant positive factors for business sentiment in March were increased tourism, stronger exports, and a reduction in inflation. "Despite mounting global uncertainties, South African business and financial markets managed the challenging circumstances with relative calm," SACCI pointed out.
2025-04-16