Markets calmed, gold slipped and the rand weakened; all in the same breath. In this episode of Making Sense, Gareth Edwards and Francis Herd unpack Trump’s latest global moves, South Africa’s Afreximbank gamble and why not all good news lands the way investors expect.

Gareth Edwards and Francis Herd unpack Trump’s tariff threats, dollar weakness, de-dollarization, and why gold and the rand react fast.

Inflation is 3.6%. Gareth Edwards and Francis Herd explain how inflation erodes buying power; and why your savings must beat inflation to actually grow.

In this episode of Making Sense, Francis Herd and Gareth Edwards unpack the economic crosscurrents shaping the start of 2026.