insert_link Business / EconomicsInflation inches up to 3.7% in June 2025 Inflation has climbed to 3.7% year-on-year in June, up from 3.5% in May, but still below the 4.6% reported in June last year. The increase marks a pause in the two-month slowdown trend observed earlier in the year. According to Simonis Storm economist Almandro Jansen, the uptick was driven by modest price rises across food and non-alcoholic beverages (6.4%), alcoholic drinks and tobacco (6.9%), and housing and utilities (4.1%)—while transport […] today15 July, 2025
insert_link South AfricaWhy SA’s spending boom isn’t what it seems South African consumers remain under financial strain, despite data that may suggest a rebound in spending, according to a new strategy research report by Simonis Storm Securities, a 100% Namibian-owned stockbroker and wealth management company. Titled “The Illusion of Rebound: Underneath the Spend, the Strain Persists”, the May 2025 report indicates that a year-to-date consumer spend increase of just 0.6% year-on-year is being misinterpreted as economic recovery. When compared to […] today20 May, 2025