South Africa’s private sector expanded at its fastest pace in nearly four years, with rising output, export demand and improved business confidence supporting growth momentum.
In contrast, Kenya’s economy contracted for a second consecutive month, as fuel price increases of over 20% drove up operating costs and weakened consumer demand across key sectors.
Globally, inflation pressures remain elevated. OECD data shows headline inflation rising to 4.0%, driven primarily by energy costs—highlighting the continued sensitivity of economic systems to commodity volatility.
The policy challenge is increasingly clear: governments must balance inflation control with growth support, while navigating external shocks ranging from geopolitical conflict to supply chain disruptions.
Insight:
Africa’s macro story is no longer singular. It is a mosaic of policy outcomes—where reform discipline, energy exposure and trade positioning are determining winners and laggards.
