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Reform Barometer – June 2026: Reforms slowly bearing fruit – implementation is the challenge

Author

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  • Rose Murunzi

Abstract

South Africa's real GDP expanded for the sixth consecutive quarter in 2026Q1. This is the longest expansion since 2017/18, partly because structural reforms are finally bearing fruit. But growth is still slow. After expanding last year, investment spending contracted again. The global environment is also very complicated. These factors make maintaining reform momentum urgent.

Suggested Citation

  • Rose Murunzi, 2026. "Reform Barometer – June 2026: Reforms slowly bearing fruit – implementation is the challenge," Research Notes 202611, Bureau for Economic Research Impumelelo Growth Lab.
  • Handle: RePEc:cxs:wpaper:202611
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    Keywords

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    JEL classification:

    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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