The total capital expenditure on new assets measured at current prices, for the quarter ended September 2025, was estimated at R97 691 million, showing an increase of 12,6% compared with the quarter ended June 2025 (R86 746 million). 

Total capital expenditure on new assets for the quarters ended September 2024, June 2025 and September 2025. The largest increase in capital expenditure on new assets between the quarter ended June 2025 and the quarter ended September 2025 was recorded for improvements to right-of-use assets (+98,4%), followed by ‘other’ assets (+41,9%), buildings and improvements (+40,8%), construction works (+32,3%), computer and IT equipment (+22,7%), capital work in progress (+12,2%), plant, machinery and equipment (+5,5%) and investment property (+1,4%). Decreases were recorded for computer software (-8,9%) and vehicles and other transport equipment (-5,8%). 

Total capital expenditure on new assets increased by 9,6% between the quarter ended September 2024 and the quarter ended September 2025. The largest year-on-year increase in capital expenditure was recorded for investment property (+341,8%), followed by improvements to right-of-use assets (+229,9%), buildings and improvements (+48,4%), construction works (+44,0%), computer and IT equipment (+24,3%), plant, machinery and equipment (+7,7%) and ‘other’ assets (+0,4%). Decreases were recorded for computer software (-44,5%), vehicles and other transport equipment (-21,4%) and capital work in progress (-0,4%). 

The largest contributor to total capital expenditure on new assets in the quarter ended September 2025 was plant, machinery and equipment (contributing 44,6%), followed by construction works (18,2%), capital work in progress (13,4%), vehicles and other transport equipment (7,1%), buildings and improvements (5,5%), ‘other’ assets (4,4%), computer and IT equipment (3,2%), computer software (2,1%), investment property (1,4%) and improvements to right-of-use assets (0,3%). 

The largest contributor to total capital expenditure on new assets in the quarter ended June 2025 was plant, machinery and equipment (contributing 47,6%), followed by construction works (15,5%), capital work in progress (13,4%), vehicles and other transport equipment (8,5%), buildings and improvements (4,4%), ‘other’ assets (3,5%), computer and IT equipment (2,9%), computer software (2,6%), investment property (1,5%) and improvements to right-of use assets (0,1%).