South Africa's economic activity showed a decline in June 2026, as reported by the PayInc Economic Index. Despite a strong start to the year, rising inflation and global uncertainties are impacting consumer confidence and spending.

South Africans are still spending, but the economy is slowing, with new data pointing to weaker confidence despite continued growth in digital payments.

South Africa's economic activity showed a decline in June 2026, as reported by the PayInc Economic Index. Despite a strong start to the year, rising inflation and global…