New Payinc Economic Index Rises, Signaling Economic Uptick In August

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new payinc economic index rises signaling economic uptick in august

The newly revamped PayInc Economic Index increased in August, signaling an uptick in economic activity. This index replaces the BETIBankservAfrica Economic Transactions Index and is now the primary tool for assessing economic activity.

Despite the increase seen in August, the economy still faces numerous challenges, including higher US import tariffs, inefficient rail and port infrastructure, strain on trading partner countries, and cheaper imports impacting local businesses.

South Africas economy in August 2025 presents a complex picture of surprising resilience in the face of significant domestic and global challenges.

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