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      Key findings from our research

      Following the elections in South Africa, German companies are cautiously optimistic and expect high investment momentum: 44% plan to invest in the country within the next three years, 10% at least three million euros

      • 77% expect the economic environment in South Africa to improve in the future, but  only  12% expect significant improvements
      • Positive profit expectations: 48% of companies in South Africa and 35% in the Southern Africa region* expect profits to rise
      •  Top 3 growth factors: improvement in political stability (50%), reduction of bureaucratic hurdles (44%), and stricter anti-corruption measures (35%)
      • Top three demands on the new South African multi-party government are to systematically fight corruption and crime (each 46%) and modernize infrastructure (39%)

      German-Southern African Business Outlook 2025


      Dr. Benedikt Herles
      Dr. Benedikt Herles

      EMA Head of ESG Insights & Innovation, Head of Country Practice Africa

      KPMG AG Wirtschaftsprüfungsgesellschaft