MyZA

News, Directory, Events and Other Stuff

You are here: Home / News / Western Cape GDP and Business Confidence Index Remain Robust

Western Cape GDP and Business Confidence Index Remain Robust

Western Cape Premier Alan Winde and Western Cape Minister of Agriculture, Economic Development and Tourism, Dr Ivan Meyer, are encouraged by the positive business confidence index (BCI) for Quarter 2 of 2025, once again bolstered by strong growth in the agricultural sector.

“Our commitment to doing everything we can to grow the economy and create jobs is showing in independently verified numbers, but we still have so much more to do. While I am pleased with these numbers, we will not relent in our commitment to ensure that more of our residents have a chance to get a job. We will also push national government to implement the reforms that are needed, not just here in the Western Cape but across South Africa to boost growth and jobs,” said Premier Winde.

BCI gauges business sentiment and performance based on numerous factors, among them exports and energy supply.

The Western Cape’s BCI dipped slightly from 52 in the previous quarter to 51. This is still well above Gauteng (37) and KwaZulu-Natal (24). It outperformed South Africa’s BCI of 40. This is indicative of the private sector’s faith in the province’s general economic position.

The Western Cape is the only province with positive sentiment, supported by good governance and solid economic growth, driven by the Growth for Jobs (G4J) strategy.

The Western Cape’s Gross Domestic Product (GDP) growth is also strong: GDP grew by 0.5%, quarter-on-quarter, and by 0.9% year-on-year.

The agriculture sector continues to show impressive growth, significantly buoying the province and South Africa’s GDP. The bulk of the 0.5% (or R3,12 billion) increase in the Western Cape’s GDP in the quarter under review can be attributed to the 15.8% increase in the agriculture, forestry, and fishing sector

“Strong business confidence is not an accident. This is the result of our hard work in ensuring the Western Cape is the easiest province to do business in. It is a vital indicator of how we are faring in growing our economy to create more jobs, despite a constrained fiscal environment. Notwithstanding significant headwinds, such as the impact of global trade uncertainty, business confidence in our province remains positive. If the private sector thrives, we all thrive, and more of our residents have the chance to get a job,” said Premier Winde.

Category: Tag:

If you feel strongly about this article then feel free to send MyZA a ‘Letter to the Editor’ using the submission form below:

Letter to the Editor

This field is for validation purposes and should be left unchanged.
If this is in response to an article please include that article title here or as the lead in for the first paragraph of your Letter below.

Separate tags with commas

Localise your letter by naming the city your words are about. Add relevant words describing your subject. Single comma separated words of no more than 5
Your Name(Required)
Your Name will be linked to the website below.
Your personal, business or social media web site
Choose NO to not set up a user account on MyZA. User Accounts will allow you to submit letters under your own Author Name

3 Latest Letters to the Editor:

  • Older Persons Grants Land Today — No Need to Queue at Dawn

    Dear Editor, Older Persons grants are paid today, 30 October, under SASSA’s revised November payment schedule — with disability grants on Monday 2 November, children’s grants on Tuesday 3 November, and grants under review on Thursday 5 November. Two things every beneficiary should know. First, grant money does not expire on payment day. It stays…

  • November Grants Pay Early – No Need to Queue at Dawn

    Dear Editor, I run SAGrant (sagrant.co.za), a free resource helping South Africans navigate SASSA grants. November grants pay earlier than usual. Older Persons grants are paid on Friday 30 October, Disability grants on 2 November, and Child Support and other grants on 3 November. Grants still under review are paid on 5 November. The money…

  • NSFAS 2027 applications close on 31 October — SASSA households, apply now

    Dear Editor, I run SAGrant (sagrant.co.za), a free resource helping South Africans navigate SASSA grants. NSFAS applications for the 2027 academic year close on Friday 31 October 2026, and no extension is expected. If your household receives a SASSA grant, your child already passes the NSFAS financial eligibility test — but they still have to…

Reader Interactions

Comments

  1. Fun South African Fact: South Africa has hosted the football (2010), cricket (2003) and rugby (1995) world cups