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South Africa Posts Widest Current-Account Deficit Since 2019

Bloomberg · Semafor · first seen 10.09.2026 · updated 11.09.2026

South Africa's current account slumped to a deficit in the second quarter as the trade surplus narrowed and imports outpaced exports due to Iran war fallout.

  • South Africa current account slumped to a deficit in Q2.
  • Trade surplus narrowed sharply.
  • Imports increased more than exports due to Iran war fallout.

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