WEEKLY MARKET & ECONOMIC UPDATE — 25 May 2026 Inflation Bites Hard | Rand Rebounds | Gold Shines Bright SOUTH AFRICAN ECONOMIC DASHBOARD JSE All Share (ALSI): 116 201 — Gained +2.2% this week USD/ZAR: R16.30 — Rand strengthened (-1.7%) EUR/ZAR: R18.98 — Rand strengthened (-1.8%) GBP/ZAR: R22.00 — Rand strengthened (-1.2%) Inflation (CPI): 4% — Inflation hits 4% as fuel shock bites Repo Rate: 6.75% — SARB MPC 26 Mar 2026 Prime Lending Rate: 10.25% — Repo + 3.5% Gold Price: $4,

[TEST] Weekly Market & Economic Update — 11 May 2026 Key highlights this week: JSE All Share (ALSI): 117 216 — Gained +1.9% this week USD/ZAR: R16.42 — Rand strengthened (-2.2%) EUR/ZAR: R19.34 — Rand strengthened (-1.5%) GBP/ZAR: R22.35 — Rand strengthened (-1.6%) Inflation (CPI): 3.0% — StatsSA Feb 2026 Repo Rate: 6.75% — SARB MPC 26 Mar 2026 Prime Lending Rate: 10.25% — Repo + 3.5% Gold Price: $4,676/oz — Pulled back (-0.1%) Brent Crude Oil: $103.87/bbl — Higher on supply

[TEST] Weekly Market & Economic Update — 4 May 2026 Key highlights this week: JSE All Share (ALSI): 115 181 — Lost -1.1% this week USD/ZAR: R16.62 — Rand weakened (+0.6%) EUR/ZAR: R19.48 — Rand weakened (+0.6%) GBP/ZAR: R22.58 — Rand weakened (+0.9%) Inflation (CPI): 3.0% — StatsSA Feb 2026 Repo Rate: 6.75% — SARB MPC 26 Mar 2026 Prime Lending Rate: 10.25% — Repo + 3.5% Gold Price: $4,597/oz — Rally continues (+1.1%) Brent Crude Oil: $108.90/bbl — Eased (-7.7%) SA 10-Year Bon

[TEST] Weekly Market & Economic Update — 28 April 2026 Key highlights this week: JSE All Share (ALSI): 114 400 — Lost -3.4% this week USD/ZAR: R16.53 — Rand weakened (+0.4%) EUR/ZAR: R19.37 — Rand weakened (+0.1%) GBP/ZAR: R22.35 — Rand weakened (+0.5%) Inflation (CPI): 3.0% — StatsSA Feb 2026 Repo Rate: 6.75% — SARB MPC 26 Mar 2026 Prime Lending Rate: 10.25% — Repo + 3.5% Gold Price: $4,611/oz — Pulled back (-2.0%) Brent Crude Oil: $104.41/bbl — Eased (-0.6%) SA 10-Year Bond