South Africa attracted 11.7 billion rand (approx. $661.5 million) in foreign direct investment during Q1 2025, the highest since mid-2024, according to the South African Reserve Bank. The increase is driven by foreign parent companies boosting equity in local subsidiaries. However, portfolio investments reversed sharply, with net outflows of 53.7 billion rand due to equity sell-offs and the repayment of a sovereign bond.
