The total capital expenditure on new assets measured at current prices, for the quarter ended June 2025 was estimated at R88 579 million, showing a decrease of 6,3% compared with the quarter ended March 2025 (R94 530 million). 

The largest decrease in capital expenditure on new assets between the first quarter of 2025 and the second quarter of 2025 was recorded for vehicles and other transport equipment (-36,8%), followed by Improvements to right-of-use assets (-35,0%), computer and IT equipment (-30,7%), capital work in progress (-12,5%), investment property (-11,3%), construction works (-8,7%) and ‘other’ assets (-5,1%). Increases were recorded for computer software (+15,8%), buildings and improvements (+9,8%) and plant, machinery and equipment (+6,9%). 

Total capital expenditure on new assets increased by 8,4% between the second quarter of 2024 and the second quarter of 2025. The largest year-on-year increase in capital expenditure was recorded for improvements to right-of-use assets (+2 252,4%), followed by investment property (+105,7%), capital work in progress (+103,7%), construction works (+63,3%), buildings and improvements (+17,1%), computer and IT equipment (+16,6%), computer software (+0,7%) and vehicles and other transport equipment (+0,1%). Decreases were recorded for plant, machinery and equipment (-13,0%) and ‘other’ assets (-10,6%). 

The largest contributor to total capital expenditure on new assets in the quarter ended June 2025 was plant, machinery and equipment (contributing 47,0%), followed by construction works (15,2%), capital work in progress (12,5%), vehicles and other transport equipment (8,7%), buildings and improvements (4,8%), ‘other’ assets (3,5%), computer and IT equipment (2,9%), computer software (2,7%), investment property (1,5%) and improvements to right-of-use assets (1,1%). 

The largest contributor to total capital expenditure on new assets in the quarter ended March 2025 was plant, machinery and equipment (contributing 41,2%), followed by construction works (15,6%), capital work in progress (13,4%), vehicles and other transport equipment (12,9%), buildings and improvements (4,1%), computer and IT equipment (4,0%), ‘other’ assets (3,5%), computer software (2,2%), improvements to right-of use assets (1,6%) and investment property (1,5%).