South Africa (SA) recorded foreign direct investment inflows of $3.03 billion in the second quarter of 2026, up from $1.24 billion in the previous quarter, the Central bank said on Tuesday.
The SA Reserve Bank said in its Quarterly Bulletin that the higher inflows were due to a local telecommunications company receiving debt funding from a non-resident parent company.
It did not disclose which company because the transaction was not public.
Portfolio investments switched to an outflow of $547.7 million in April to June, from an inflow of 9.0 billion rand in the previous three months.
Non-residents sold domestic equity securities amounting to $2.08 billion and acquired domestic debt securities amounting to $1.53 billion during the second quarter.
The acquisition of debt securities was partly offset by the redemption of a $1.25 billion international bond by national government, the Central bank said.
–Reuters–
