Domestically, the South African capex market enters 2026 with a stronger foundation than it had three years ago.
cascading into the machinery, material handling and industrial equipment markets. The second is the energy transition. Governments are pushing to secure energy supply, integrate renewable power, and accelerate transmission and distribution build-outs. This results in strong global demand for transformers, switchgear, power quality solutions, grid- strengthening civil works and electrified industrial equipment. For South African equipment companies with international partnerships, these trends matter not only because they shape global supply chains, but because they influence what technology is available, what becomes standard in new-generation equipment, and where OEM investment is concentrated. South Africa’s public capex pipeline Domestically, the South African capex market enters 2026 with a stronger foundation than it had three years ago. Public-sector spending has been inching
Large water projects, wastewater upgrades, regional road rehabilitation, and grid-capacity improvements are beginning to drive more predictable tendering cycles.
Mining is likely to remain cautious, with investment decisions tied closely to commodity prices.
The companies most likely to succeed in 2026 will be those that build flexibility into their operating model - investing in rental and service fleets that can be deployed quickly and partnering with financial institutions.
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CAPITAL EQUIPMENT NEWS DEC '25 - JAN 2026
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