Stay informed with our essential overview of the key events and discussions set to shape the week in South Africa—covering developments in parliament, government, international affairs, and the economy.
Monday – 10 November 2025
- Accelerating Operation Vulindlela: Presidency–CDE Reform Dialogue
On Monday, Rudi Dicks, Head of Project Management in the Presidency, will engage in a public conversation with Ann Bernstein, founder and executive director of the Centre for Development and Enterprise (CDE), on South Africa’s reform agenda. The discussion will focus on progress under Operation Vulindlela and explore strategies to accelerate implementation of key economic and governance reforms.
Tuesday- 11 November 2025
- Quarterly Labour Force Survey: Unemployment Update
Statistics South Africa will on Tuesday release the Quarter 3 unemployment figures through the Quarterly Labour Force Survey. The jobless rate rose to 33.2% in Q2 from 32.9% in Q1 — the highest level since the second quarter of 2024. The latest data will provide a clearer picture of labour market conditions as the economy continues to face persistent structural employment challenges.
Wednesday- 12 November 2025
- Medium-Term Budget Policy Statement (MTBPS)
Finance Minister Enoch Godongwana will on Wednesday deliver the Medium-Term Budget Policy Statement, outlining the performance of public finances and the fiscal and economic framework for the year ahead. Analysts expect the government to present a moderately improved fiscal position driven by stronger-than-anticipated revenue. The National Treasury may also propose adjustments to the inflation-targeting framework — potentially shifting the current 3%–6% band to 2%–4% — and could introduce a new fiscal anchor to support long-term budget discipline.
Thursday – 13 November 2025
- Mining and Gold Production — September Performance Update
Statistics South Africa will release September’s mining and gold production figures on Thursday. Gold production declined by 3.6% year on year in August, marking a second consecutive monthly contraction. Overall mining activity also slipped 0.2% year on year in August — the sector’s first decline since April. The September data will indicate whether these weaknesses are temporary or reflect broader pressure in the resource sector as global demand remains uneven.
Friday – 14 November 2025
- S&P Global Ratings to Review South Africa’s Sovereign Credit Rating
S&P Global Ratings is expected to announce its latest review of South Africa’s sovereign credit rating on Friday. The agency affirmed the country’s BB- rating with a stable outlook in May, highlighting ongoing fiscal and growth pressures while indicating that accelerated reforms and stabilising debt levels could support future improvement. Markets will be watching closely for any shift in outlook or guidance on South Africa’s medium-term fiscal trajectory.