South Africa’s economy recorded slight growth of just 0.1% quarter-on-quarter in Q1 2025, highlighting the fragile state of the recovery. The marginal expansion was driven almost entirely by a 15.8% surge in agricultural output, while key sectors like mining (-4.1%) and manufacturing (-2.0%) posted declines. Only four of ten industries reported positive growth. Annual GDP growth came in at 0.8% year-on-year, slightly ahead of market expectations, but the broader picture remains weak. The economy continues to underperform, with structural challenges such as logistics bottlenecks and weak investment weighing on momentum.