South Africa recorded foreign direct investment (FDI) outflows of US$1.25 billion in the third quarter of 2025, down from US$4.3 billion in the second quarter, according to data released on Monday (15) by the South African Reserve Bank (SARB).
According to Reuters, the SARB said in its Quarterly Bulletin that the capital outflows were mainly driven by the mining conglomerate Anglo American, which sold its remaining stake in the South African mining company Valterra Platinum.
The capital outflows were partially offset by an increase in foreign ownership in a media and entertainment company. The French group Canal+ took control of South African broadcaster MultiChoice during the third quarter.
Portfolio investment flows declined to US$2.4 billion in the July–September period, compared with US$4.1 billion between April and June.
