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Political accountability · South Africa

Context

The economy

Then and now — major economic indicators from the start of the current national government period to the latest available data. This is neutral context, not a promise scorecard, and it does not imply that any change was caused by the government.

The economy

Then and now. Key economic indicators from the start of the current government period to the latest available data. These figures are context, not a scorecard, and do not imply that any change was caused by the government.

Baseline: Start of the Seventh Administration · 19 Jun 2024

Rand

Rand / US dollar (ZAR per USD)

30 Jun 2024

R18.39 / $1

decreased to

13 Nov 2026

R16.95 / $1

Change−R1.40
Source: South African Reserve Bank · retrieved 13 Nov 2026

Inflation

Headline CPI inflation (year-on-year)

Jun 2024

5.1%

decreased to

Aug 2026

4.4%

Change−0.7 pp
Source: Statistics South Africa · retrieved 13 Nov 2026

Unemployment

Official unemployment rate (QLFS)

Q2 2024

33.5%

increased to

Q2 2026

33.6%

Change+0.1 pp
Source: Statistics South Africa · retrieved 13 Nov 2026

Policy rate

SARB policy rate

Formerly commonly referred to as the repo rate.

19 Jun 2024

8.3%

decreased to

25 Sep 2026

7.3%

Change−1.0 pp
Source: South African Reserve Bank · retrieved 13 Nov 2026

Fuel

Petrol 95 ULP, inland (per litre)

Jun 2024

R24.25

increased to

Nov 2026

R30.24

Change+R6.00
Source: Dept. of Mineral & Petroleum Resources · retrieved 13 Nov 2026

Sources: South African Reserve Bank · Statistics South Africa · Dept. of Mineral & Petroleum Resources. Each value carries its own observation date/period and primary source; figures appear only once verified against the official source.

About the baseline

19 June 2024 is the start of South Africa's Seventh Administration (Presidential inauguration following the 2024 national election). It is used as the fixed baseline. Series are not forced to a literal 19 June value: daily series use the closest official observation on or after that date, monthly series use the observation for the administration-start month, and quarterly series use Q2 2024. Each metric preserves its real observation date/period.

Fuller history — charts, selectable dates, administration comparisons and additional indicators — is planned for a later pass. For now this page shows the same then-and-now snapshot as the homepage, with each figure tied to its official source and observation date.

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