Key findings: P0045 - Quarterly capital expenditure (QCE), June 2026

The total capital expenditure on new assets measured at current prices, for the quarter ended June 2026 was estimated at R98 261 million, showing a decrease of 5,7% compared with the quarter ended March 2026 (R104 236 million).

The largest decrease in capital expenditure on new assets between the quarter ended March 2026 and the quarter ended June 2026 was recorded for computer software (-31,6%), followed by buildings and improvements (-30,0%), plant, machinery and equipment (-12,0%) and computer and IT equipment (-8,7%). Increases were recorded for investment property (+44,9%), ‘other’ assets (+11,3%), construction works (+10,5%), capital work in progress (+8,9%), and vehicles and other transport equipment (+3,4%). There was no change in improvements to right-of-use assets.

Total capital expenditure on new assets increased by 13,3% between the quarter ended June 2025 and the quarter ended June 2026. The largest year-on-year increase in capital expenditure was recorded for ‘other’ assets (+63,4%), followed by vehicles and other transport equipment (+58,8%), computer software (+47,2%), investment property (+34,1%), buildings and improvements (+18,2%), computer and IT equipment (+9,3%), plant, machinery and equipment (+6,1%), construction works (+1,8%) and capital work in progress (+1,3%). The only decrease was recorded for improvements to right-of-use assets (-58,6%).

The largest contributor to total capital expenditure on new assets in the quarter ended June 2026 was plant, machinery and equipment (contributing 44,6%), followed by construction works (13,9%), capital work in progress (12,0%), vehicles and other transport equipment (11,9%), ‘other’ assets (5,1%), buildings and improvements (4,6%), computer software (3,3%), computer and IT equipment (2,8%), investment property (1,8%) and improvements to right-of-use assets (0,1%).

The largest contributor to total capital expenditure on new assets in the quarter ended March 2026 was plant, machinery and equipment (contributing 47,7%), followed by construction works (11,9%), vehicles and other transport equipment (10,9%), capital work in progress (10,4%), buildings and improvements (6,2%), computer software (4,6%), ‘other’ assets (4,3%), computer and IT equipment (2,9%), investment property (1,2%) and improvements to right-of-use assets (0,1%).