Foreign direct investment inflows in South Africa rose to ZAR 67 billion in the fourth quarter of 2022, the most in a year, from ZAR 11.9 billion in the third quarter, central bank data showed. The increase in investment was a result of a non-resident parent company in the commerce sector increasing its equity investment in a domestic subsidiary. The central bank added that a domestic company in the telecommunications sector also issued shares to its parent company to finance the acquisition of a foreign company. South African telecoms operator Vodacom in December completed the acquisition of a 55% stake in the Egyptian arm of parent company Vodafone. source: South African Reserve Bank
Foreign Direct Investment in South Africa averaged 10692.16 ZAR Billion from 1985 until 2022, reaching an all time high of 557912.00 ZAR Billion in the third quarter of 2021 and a record low of -13910.00 ZAR Billion in the first quarter of 2015. This page provides - South Africa Foreign Direct Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Foreign Direct Investment - values, historical data and charts - was last updated on June of 2023.
Foreign Direct Investment in South Africa is expected to be 7400.00 ZAR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Foreign Direct Investment is projected to trend around 15000.00 ZAR Billion in 2024 and 18000.00 ZAR Billion in 2025, according to our econometric models.