South Africa records FDI inflows, portfolio outflows in Q1

Source: Reuters.

The South African Reserve Bank (Sarb) said in its Quarterly Bulletin that the inflows were due to non-resident parent entities increasing their equity investment in domestic subsidiaries.

Portfolio investments recorded outflows of R53.7bn in January-March, compared with inflows of R33.4bn in October-December 2024.

The outflows were "mainly due to non-residents' net disposal of domestic equity securities and the redemption of an international bond by a public corporation," the Sarb said.

($1 = R17.6881)