Monthly Update

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June Market Highlights: Local Progress & Global Shifts

In this month’s newsletter, we explore the latest market movements and what they mean for your financial strategy.

Locally, South Africa secured a $1.5 billion loan from the World Bank to support critical infrastructure upgrades—covering electricity, transport, ports, and rail. Inflation came in at 2.8% over the past year, staying below the SARB’s target range and signaling continued price stability.

Globally, the US economy added 147,000 jobs in June, with unemployment falling to 4.1%—a sign of ongoing labour market strength.

We also break down how the Rand’s performance impacts your offshore investments over time—an important consideration for globally diversified portfolios.

👉 Read more in our Monthly Market & Fund Update.

Monthly Market & Fund Update

Summary  – June ’25