President Cyril Ramaphosa says the country’s economic recovery is gathering momentum as it has posted growth for four consecutive quarters.

In his weekly address to the nation, Ramaphosa has also noted a steady reduction in unemployment.

Statistics South Africa’s (STATS SA) recent data also shows that levels of poverty and inequality have declined considerably.

In his weekly address to the nation, the President says the local economy is showing signs of a modest recovery and increased resilience, characterized by GDP growth exceeding expectations, improved consumer sentiment and rising capital investment.

He says confidence in the economy is rising. The stock exchange has been performing well and the average inflation rate is the lowest in two decades.

But he insists while this is encouraging, there is no time to rest.

And for the year ahead, President Ramaphosa implored his administration to double down on efforts to grow investment and create jobs.

With the Cabinet holding its annual Lekgotla on Wednesday to outline the actions that will be taken across government, the president said they must work to translate this into long-term gains for the economy.

#SAdebt || The number of civil summonses issued for debt decreased by 7,2% y/y in the three months ended November 2025. The number of civil judgements recorded for debt declined by 7,6%.

Read more here: https://t.co/EIbWADGVTk#StatsSA #KnowYourStatsZA #GovZAUpdates pic.twitter.com/uD5HbjAIyC

— Statistics South Africa (Stats SA) (@StatsSA) January 22, 2026

Dear Fellow South African,

As we enter a new year, the momentum of our economic recovery is gathering pace. In the last months of 2025, we saw a number of indicators that our collective efforts to rebuild our economy are bearing fruit.

🔗 https://t.co/6mWGHKntmo pic.twitter.com/IPgO1qn9us

— Cyril Ramaphosa 🇿🇦 (@CyrilRamaphosa) January 26, 2026