Dark clouds gathering over South Africa

• South Africa's planned fixed investment in the first half of 2026 is approximately R137.7 billion, a decline of 81% from 2025.
• The country's lack of planned fixed investment is attributed to global risks and hesitancy among companies to commit to large expenditure projects, with Nedbank citing the war in Iran as a factor.
• The low fixed investment rate may signal trouble for South Africa's future GDP growth, with economist Frans Cronje highlighting that the country's fixed investment rate is below the rates of many other economies.