South Africa will end 2025 on a strong and confident note after the Cabinet meeting on 12 November. The press conference highlighted three developments that reflect the country’s steady rise to stability, growth and global appeal. These updates are not only encouraging at a national level, but also provide clear signs of progress that is shaping South Africa’s daily life, business opportunities and its place in the world.
A sharper economic direction that supports stability and growth
Cabinet approved the 2025 Medium-Term Budget Policy Statement, which introduces a more focused approach to managing inflation with a single target of 3%. This increases price stability, makes day-to-day costs more predictable, and helps protect household purchasing power. It also strengthens the investment environment and supports steady growth and long-term trust.
The Government reaffirmed its commitment to improving vital public services, from health and education to social protection, while accelerating investment in energy, water and transport. These priorities form part of South Africa’s ongoing commitment to strengthening the economy in ways that directly benefit both local communities and businesses.
Job creation continues to trend upward
The latest Quarterly Labor Force Survey reveals encouraging changes in the job market, with 248,000 new jobs created in the third quarter of 2025. The number of employed people now stands at 17.1 million, and the unemployment rate has fallen to 31.9%.
In particular, construction, community services, and trade were the largest contributors. The surge in construction employment reflects the country’s ongoing infrastructure development, an investment strategy aimed at stimulating industry, improving services and opening new avenues of employment. This momentum points to a strengthening economy supported by increased activity across key sectors.
Tourism growth strengthens South Africa’s global appeal
Tourism continues to be one of South Africa’s brightest growth areas. Between January and September, the country recorded more than 7.6 million international arrivals, an increase of more than 1.1 million compared to the same period last year.
Visitor numbers increased in all major markets.
Middle East: 58% increase Europe: 29% increase Africa: 28% increase North America: 22% increase Asia: 11% increase
This strong performance highlights South Africa’s enduring appeal as a global destination and its ability to deliver experiences that resonate with travelers from all regions. A tourism recovery will strengthen local economies, support small businesses, and contribute to job creation nationwide.
These three announcements highlight a South Africa on the rise, supported by targeted economic decisions, expanded employment opportunities and renewed global interest. These reflect a country’s focus on enablement, resilience and sustainable growth as it moves into its next chapter.
