South Africas new inflation target is one of several actions helping to bolster macroeconomic stability, and continued reforms, both macroeconomic and structural, can help maintain momentum and address longstanding vulnerabilities.
Thats the view of the International Monetary Fund IMF, which says So uth Africa demonstrated remarkable economic resilience in the face of global turbulence in 2025, successfully maintaining macroeconomic stability and keeping inflation under control.
Even so, the country still faces relatively slow economic growth, high public debt and significant unemployment, especially among young people. There are also concerns about the reliability of key infrastructure electricity, freight rail, ports and water.
