31/03/2026
Oil prices climbed π’οΈπ as fears of a widening Iran war intensified into its fifth week, raising global supply concerns π. Gold steadied π° near R4 500 amid ongoing uncertainty. Locally πΏπ¦ the FTSE/JSE All Share Index is heading for its worst month since 2008 π, pressured by weaker emerging-market demand and declining mining stocks. Despite all of this, the good news is that the South African Reserve Bank (SARB) held the repo rate steady at 6.75% π. Motorists are rushing to fill up β½ ahead of a R10.34 per litre increase, with diesel supply tightening. On the infrastructure front β‘ the City of Johannesburg and City Power Johannesburg have launched the first phase of an EV charging network π. Meanwhile π§ Cape Town dam levels have dropped below 50% as water usage exceeds targets, but with the long weekend ahead, a shorter week and some well-earned family time offer a welcome reset.
Times like these remind us to stay the course and to speak to your financial adviser.
π΅ USD/ZAR: 17.18
π· GBP/ZAR: 22.64
πΆ EUR/ZAR: 19.66
π₯ Gold ($): 4,495.57
βͺ Platinum ($):1,878.18
π’οΈ Brent Crude ($): 113.38
π All Share: - 3.5% YTD
π S&P500: -6.96 % YTD
π FTSE: 1.78 % YTD
π ACWI: -6.16% YTD
π EM: 2.66% YTD
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π Call us on 011 678 8904, or visit iwcp.co.za