South Africa’s economy shrank by 0.3% quarter-on-quarter in Q2 2026, following a 0.5% growth in the previous quarter, according to rebased data, compared with a previously reported contraction of 0.2% in Q2 and growth of 4.0% in the preceding period. The statistics agency announced a GDP rebasing using 2022 production patterns, adjusting sectoral weights to better reflect the structure of the economy. This rebasing revealed that South Africa’s economy is 4.9%, or ZAR 300 billion, larger than previously estimated, primarily due to the inclusion of growing activities such as online gambling, illegal mining, household solar, e-hailing, and online prostitution.