The South African Chamber of Commerce and Industry (SACCI) business confidence index climbed to 132.3 in November 2025, the highest since July 2011, from 13.8 in the prior month. The main driver was a sharp increase in overseas tourist numbers. Nevertheless, the chamber cautioned that the November data should be interpreted carefully, noting that some key physical economic activities remain lagging, reflecting a slow-growing economy in need of stronger investor confidence and fixed investment. “The current BCI level may, however, inspire structural economic policy adjustments that could attract local and foreign capital to support higher economic growth, employment and inclusion to share in value added and wealth creation,” Sacci concluded. source: South African Chamber of Commerce and Industry (SACCI)

Coincident Index in South Africa increased to 132.30 points in November from 123.80 points in October of 2025. Coincident Index in South Africa averaged 123.19 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 February of 2026.

Coincident Index in South Africa increased to 132.30 points in November from 123.80 points in October of 2025. Coincident Index in South Africa is expected to be 113.00 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
2025-12-11 09:30 AM
SACCI Business Confidence
Oct 123.8 121.1 122
2025-12-11 09:30 AM
SACCI Business Confidence
Nov 132.3 121.1 124
2026-02-11 09:30 AM
SACCI Business Confidence
Dec 132.3


Related Last Previous Unit Reference
Bankruptcies 100.00 126.00 Companies Dec 2025
Business Confidence 44.00 39.00 points Dec 2025
Capacity Utilization 77.80 78.30 percent Sep 2025
Car Registrations 35579.00 39158.00 Units Dec 2025
Changes in Inventories 25742.00 18711.00 ZAR Million Sep 2025
SACCI Business Confidence 132.30 123.80 points Nov 2025
Composite Leading Indicator 101.07 100.96 points Dec 2025
Corruption Index 41.00 41.00 Points Dec 2024
Corruption Rank 82.00 83.00 Dec 2024
Electricity Production 18379.00 19323.00 Gigawatt-hour Nov 2025
Gold Production YoY -6.00 -0.30 percent Nov 2025
Manufacturing Production YoY -1.00 0.40 percent Nov 2025
Manufacturing Production MoM -1.10 1.00 percent Nov 2025
Leading Business Cycle Indicator MoM 1.40 0.40 percent Nov 2025
Mining Production YoY -2.70 6.10 percent Nov 2025
Total New Vehicle Sales 50070.00 48980.00 Units Jan 2026


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
132.30 123.80 163.17 81.00 1985 - 2025 points Monthly
2020=100, NSA

News Stream
Business Confidence in South Africa Jumps to 14-Year High: SACCI
The South African Chamber of Commerce and Industry (SACCI) business confidence index climbed to 132.3 in November 2025, the highest since July 2011, from 13.8 in the prior month. The main driver was a sharp increase in overseas tourist numbers. Nevertheless, the chamber cautioned that the November data should be interpreted carefully, noting that some key physical economic activities remain lagging, reflecting a slow-growing economy in need of stronger investor confidence and fixed investment. “The current BCI level may, however, inspire structural economic policy adjustments that could attract local and foreign capital to support higher economic growth, employment and inclusion to share in value added and wealth creation,” Sacci concluded.
2025-12-11
South Africa Business Confidence Hits 6-Month High: SACCI
The South African Chamber of Commerce and Industry (SACCI) business confidence index rose to 121.1 in September 2025, the highest reading in six months, up from 120 in August. The increase was supported by an influx of overseas tourists, rising global gold and platinum prices, higher merchandise export volumes, increased new vehicle sales, and JSE share prices surpassing their medium-term trend. "In the short term, the financial climate supported business sentiment, while real economic activity was stable with some negatives. Over the year, both economic activity and the financial environment were stronger than a year ago.", SACCI said. Meanwhile, the chamber noted that economic activity was under pressure from tariff uncertainty, with AGOA and US trade agreement deadlines expiring amid limited progress on permanent arrangements.
2025-10-14
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