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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
South AfricaBusiness Confidence climbed to 47 in January 2026
Financial Modeling PrepMonthlyReleased March 2026
Business Confidence climbed to 47 in January 2026, up 3 from December's 44 reading. The print exceeded the 35 consensus by 12. Business Confidence has now declined for 3 consecutive months. Over the past 3 months, Business Confidence averaged 130.18, vs 95.03 in the prior 3-month window. The reading is in the 37th percentile of the trailing 24-month range.
Latest Release
47
Actual
35
Consensus
44
Previous
The March 2026 reading rose from the previous value of 44. Historically, this indicator is positively correlated with EUR/USD (Bullish EUR) and positively correlated with BTC/USD (Bullish BTC).
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Business Confidence - ZA
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Economic Calendar - ZA Events
| Tuesday, May 12, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 09:30 | ZA | Unemployment Rate | 31.4 | 32.3 | 32.30 | Medium | |
| 11:00 | ZA | Manufacturing Production YoY | -2.8 | -1 | -1.30 | Low | |
| 11:00 | ZA | Manufacturing Production MoM | -2.2 | -1.8 | -1.70 | Low | |
| Wednesday, May 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 09:30 | ZA | Unemployed Persons | 7.836 | 8.2 | 8.20 | Low | |
| Thursday, May 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 09:30 | ZA | Mining Production YoY | 9.7 | 3.8 | 3.80 | Low | |
| 09:30 | ZA | Gold Production YoY | 12.8 | 9.5 | 12.30 | Low | |
| 09:30 | ZA | Mining Production MoM | 2.3 | -0.8 | -0.80 | Low | |