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Out now! South Africa Economic Outlook: Are we on the brink of the fourth industrial revolution?

Are we on the brink of the fourth industrial revolution?

South Africa Economic Outlook | October 2025

Dear Vhavenda


We're pleased to share our next South Africa Economic Outlook report. 


The number of job postings in South Africa requiring AI-related skills increased by 26% in 2023 and a further 8% in 2024. Occupations exposed to enAI are also seeing significantly faster employment growth compared to jobs where AI skills are less required. 


Our scenarios suggest that AI has the potential to boost South Africa's real GDP by an additional 6.0 percentage points towards 2035 if the country can reduce inequality of access to and develop the skills needed to use AI tools. 


Key content in this report includes: 

  • Potential impact of AI on future global economic growth and productivity. 

  • Education, ICT and agriculture have the biggest share of their vacancies requiring AI skills. 

  • Strong growth momentum in GenAI-exposed occupations in South Africa. 

  • Industry focus: Impact of AI on manufacturing jobs. 

  • Curriculum planning: Persona-based upskilling to provide workers with the right set of AI-related skills. 

  • The other 98%: Mass AI upskilling, or risk leaving many people behind. 

  • How we can help with AI upskilling

This document is intended to be widely circulated and we encourage you to use this email and attachments to frame and enrich your client conversations. External readers are also encouraged to sign up here to receive future editions of this report by email. You can explore further insights by visiting our webpage.


If you have any questions or would like to discuss any of the topics explored in the report, please don't hesitate to reach out to us.

Contact us

Lullu Krugel

Partner and Chief Economist
PwC South Africa

+27 (0) 82 708 2330

lullu.krugel@pwc.com

Christie Viljoen

Senior Manager and Lead Economist: Macro Analysis, PwC South Africa

+27 (0) 82 472 8621

christie.viljoen@pwc.com



© 2025 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details. This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors.


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