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Business Confidence (South Africa) was reported at 47 in March 2026. The reading beat the market consensus of 35 by 12, coming in above expectations. This represents an increase from the previous value of 44. Historically, this indicator is negatively correlated with USD/ZAR (Bullish ZAR) and negatively correlated with EUR/ZAR (Bullish ZAR).
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| Monday, May 4, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 09:00 | ABSA Manufacturing PMI | 49 | 46.7 | 49.55 | Low | ||