The total capital expenditure on new assets measured at current prices, for the quarter ended September 2024 was estimated at R91 521 million, showing an increase of 12,0% compared with the quarter ended June 2024 (R81 708 million). 

The largest increase in capital expenditure on new assets between the second and third quarters of 2024 was recorded for ‘other’ assets (+78,8%), followed by computer software (+52,2%), construction works (+46,5%), vehicles and other transport equipment (+16,3%), computer and IT equipment (+10,2%) and buildings and improvements (+3,0%). A decrease was recorded for plant, machinery and equipment (-9,2%). 

Total capital expenditure on new assets decreased by 1,1% between the third quarter of 2023 and the third quarter of 2024. The largest year-on-year decrease in capital expenditure was recorded for buildings and improvements (-69,6%), followed by vehicles and other transport equipment (-19,4%) and plant, machinery and equipment (-16,0%). Increases were recorded for ‘other’ assets (+165,4%), construction works (+129,8%), computer and IT equipment (+23,2%) and computer software (+0,2%). 

The largest contributor to total capital expenditure on new assets in the quarter ended September 2024 was plant, machinery and equipment (contributing 47,5%), followed by ‘other’ assets (18,7%) construction works (13,2%), vehicles and other transport equipment (9,7%), buildings and improvements (4,1%), computer software (4,0%) and computer and IT equipment (2,7%). 

The largest contributor to total capital expenditure on new assets in the quarter ended June 2024 was plant, machinery and equipment (contributing 58,6%), followed by ‘other’ assets (11,7%), construction works (10,1%), vehicles and other transport equipment (9,4%), buildings and improvements (4,5%), computer software (3,0%) and computer and IT equipment (2,7%).