South African business activity stabilises in January, S&P PMI shows

South Africa's private sector business conditions stabilised in January after a challenging end to 2025, as demand steadied and price pressures eased, an S&P Global survey showed on Wednesday. The Purchasing Managers' Index climbed to a neutral 50 in January, up from 47.7 in December. PMI readings above 50 indicate growth, while those below denote contraction.