Market Update: Gold Holds Above $5,000 Despite Rate Cut Delay – 12 February 2026
Previous Day Closing Prices (11 February) Indices Dow Jones: 50,163 (-0.05%) S&P 500: ~6,935 (flat) Nasdaq: ~23,050 (flat) Commodities Gold: $5,065.33/oz (-0.39%) Major Forex Pairs EUR/USD: 1.1877 (+0.04%) GBP/USD: 1.3635 (+0.05%) USD/JPY: 152.92 (-0.22%) USD/ZAR: 15.89 (+0.23%) — Rand slightly weaker International News US markets traded mixed on Wednesday as investors digested strong jobs data. […]
Market Update: JSE Retreats as Mining Stocks Lead Selloff – 11 February 2026
Previous Day Closing Prices (10 February) Indices Dow Jones: 50,188.14 (+0.10%) — New record high S&P 500: 6,941.81 (-0.33%) Nasdaq: 23,102.47 (-0.59%) Commodities Gold: $5,033.44/oz Major Forex Pairs EUR/USD: 1.1913 (+0.15%) GBP/USD: 1.3667 (+0.18%) USD/JPY: 153.21 (-0.77%) USD/ZAR: 15.92 (-0.05%) — Rand holding steady International News US markets showed mixed results on Monday. The Dow […]
Daily Market Update – 10 February 2026
📊 Market Snapshot Here’s how markets closed overnight and where they stand this morning: 💱 Forex Markets Pair Rate Change EUR/USD 1.1904 -0.07% GBP/USD 1.3669 -0.17% USD/JPY 155.35 -0.34% USD/CHF 0.7673 +0.11% AUD/USD 0.7066 -0.38% USD/CAD 1.3558 -0.01% 🇿🇦 USD/ZAR 15.93 +0.23% 🪙 Commodities Commodity Price Change 🥇 Gold $5,030.35/oz -0.57% 🥈 Silver $81.63/oz -2.08% […]
Daily Market Update – 9 February 2026
📊 Market Snapshot Here’s where key currencies and commodities closed on Friday, 7 February 2026: 💱 Forex Rates Pair Rate Weekly Change 🇪🇺🇺🇸 EUR/USD 1.1794 ▲ +0.8% 🇬🇧🇺🇸 GBP/USD 1.3590 ▲ +0.6% 🇺🇸🇯🇵 USD/JPY 157.08 ▼ -1.2% 🇺🇸🇨🇭 USD/CHF 0.8752 ▼ -0.9% 🇦🇺🇺🇸 AUD/USD 0.6847 ▲ +0.4% 🇺🇸🇨🇦 USD/CAD 1.3448 ▼ -0.5% 🇺🇸🇿🇦 USD/ZAR 15.99 […]
Navigating the Two-Pot Retirement System: A Taxing Journey with a Twist
Navigating the Two-Pot Retirement System: A Taxing Journey with a Twist
South Africa’s new two-pot retirement system offers a fresh approach to accessing your retirement savings, but it comes with its own set of challenges—especially when it comes to taxes. This guide breaks down the key tax implications with humor and insight, helping you understand how to avoid pitfalls that could eat away at your savings. From the risks of pushing yourself into a higher tax bracket to the hidden fees that can erode your nest egg, we explore how to make the most of your retirement funds while staying on the right side of SARS. Whether you’re considering an early withdrawal or planning for the long term, this article offers practical advice to ensure your retirement plan remains on track.
Life Annuities vs. Living Annuities in South Africa: A Simple Comparison
Confused about life annuities vs living annuities in South Africa? This guide explains the key differences, pros and cons, and helps you choose the right retirement income option. Life annuities guarantee income for life, while living annuities offer flexibility. Contact Old Mutual Secunda for personalized advice.
National Health Insurance in South Africa: A Transformative Approach to Universal Healthcare
Introduction The implementation of the National Health Insurance (NHI) marks a pivotal shift in South Africa’s approach to healthcare. Signed into law on May 15, 2024, by President Cyril Ramaphosa, the NHI aims to address the deep-seated inequalities in healthcare access and quality, ensuring that every South African has the right to health services without […]