top of page
News & Insights
Search
Simonis Storm FX Insight - Rand Resilient as Fed Pauses
The rand continues to hold firm against major currencies, supported by a stabilising global backdrop and improving local sentiment. Since late July, EUR/ZAR has moved from around 21.1 to 20.0, and USD/ZAR from 18.3 to 17.2 — a gain of roughly 5–6 percent for the rand. The global policy story is key. The Federal Reserve delivered two rate cuts in September and October, lowering the effective funds rate from 4.33% to 3.87%, and is now expected to pause through early 2026. Marke
Nov 51 min read
A Toast to Connection: Stakeholder Wine Tasting Evening
In celebration of partnership and shared success, Simonis Storm recently hosted an exclusive Wine Tasting Evening dedicated to our valued stakeholders.
Nov 31 min read
Why is a real estate crisis in China important for us in Southern Africa?
China’s post-Covid recovery has fallen short of expectations, with economic performance consistently lagging behind forecasts. This has led to mounting global expectations for bold action from Beijing. But what’s behind this slowdown, and which steps should policymakers consider to bring growth back on track?
Oct 29, 20245 min read
bottom of page