Operating costs continued to escalate during H1 2025 according to SAPOA’s latest Operating Costs Report.

By the end of June 2025, the index’s total gross operating cost-to-income ratio stood at 42.8% – just below its record high of 43% in December 2024.

For more detailed information on SA’s operating costs during H1 2025, download a free copy of the latest report here (free to SAPOA members only).

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