
2026 Economic Outlook: A fragile world, a firmer rand – what 2026 means for South African consumers and investors.
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GUEST – Sanisha Packirisamy, Chief Economist at Momentum Investments
As South Africa heads into 2026, the economic picture is steadier than a year ago but far from secure. In this conversation, Sanisha Packirisamy unpacks the key insights from the Economic Outlook January 2026, exploring what easing inflation, a shifting interest-rate cycle and early wins in energy and logistics reform mean for households, businesses and investors. While domestic demand remains the main engine of growth, pressure on consumers and cautious business confidence underline how fragile the recovery still is.
As South Africa heads into 2026, the economic picture is steadier than a year ago but far from secure. In this conversation, Sanisha Packirisamy unpacks the key insights from the Economic Outlook January 2026, exploring what easing inflation, a shifting interest-rate cycle and early wins in energy and logistics reform mean for households, businesses and investors. While domestic demand remains the main engine of growth, pressure on consumers and cautious business confidence underline how fragile the recovery still is.

