27 July 2026
0 is today’s Number of the Day. Francis Herd explains why the South African Reserve Bank kept the repo rate unchanged at 7%, what the decision means for home-loan and vehicle-finance repayments, and why oil prices and household debt could still turn today’s relief into tomorrow’s pressure.
23 July 2026
3 is today’s Number of the Day. Gareth Edwards and Francis Herd unpack Jaguar Land Rover South Africa’s latest recall affecting selected 2024 to 2027 models, why owners should check their VIN numbers, and how one recall opens a bigger question about vehicle safety, testing and consumer protection in South Africa.
02 July 2026
4 is today’s Number of the Day. Gareth Edwards and Francis Herd unpack why South African banks have been cleared in the long-running rand manipulation case, why four international banks remain in focus, and why proving alleged forex collusion may be even harder than understanding how it works.
30 June 2026
78% is today’s Number of the Day. Gareth Edwards and Francis Herd unpack why South Africa’s tourism economy depends heavily on SADC visitors, how anti-immigrant protest action could damage the country’s brand, and why scaring off African travellers may hurt jobs, trade, retailers and local businesses.
29 June 2026
South Korea’s KOSPI fell nearly 10%, triggering a trading halt and raising fresh questions about AI-linked tech stocks. Gareth Edwards and Francis Herd unpack whether this is just a market correction, profit taking after a huge rally, or the first real warning that AI enthusiasm has run too hot.
23 June 2026
A proposed $300 billion private investment fund could help unlock Iran’s economy as part of a framework agreement to wind down the war involving the U.S., Israel and Iran. Gareth Edwards and Francis Herd unpack why the money matters, who may benefit, and how oil, sanctions and the Strait of Hormuz could still affect South Africans.
18 June 2026
Pick 'n Pay has pushed its core business break-even target to 2029. Gareth Edwards and Francis Herd look at why investors reacted sharply, how Checkers and Shoprite changed the retail battlefield, and why the turnaround now raises tough questions about jobs, staff costs and the future of a once-loved South African retailer.
26 May 2026
South Africa’s unemployment rate has climbed to 32.7%, with 8.1 million people now officially unemployed. Gareth Edwards and Francis Herd break down the latest labour data, the 345,000 jobs lost in the first quarter, the discouraged workers behind the expanded rate and why the crisis hits young South Africans especially hard.
12 May 2026
$126 a barrel is not just an oil-market headline. Gareth Edwards and Francis Herd explain why the latest crude oil shock matters for South Africa, from May fuel-price pressure to jet fuel shortages, import costs, business strain and rising food prices. The barrel price may move overseas, but the pain can land right here at home.
30 April 2026
7 April 2026 is the number, but the story is much bigger. In this episode of Number of the Day, Gareth Edwards and Francis Herd unpack the moment Anthropic warned that its Claude Mythos model was too powerful for public release, what that says about the future of AI, and why the risks suddenly feel close to home for South Africans too.
09 April 2026
Oil has surged to $118 a barrel, and South Africans may soon feel it where it hurts most. In this episode of Number of the Day, Gareth Edwards and Francis Herd unpack the fuel-price risk, the diesel ripple effect, and why this oil shock could complicate inflation and interest-rate hopes.
09 March 2026
Number of the Day: 25 million. Telkom has crossed a mobile milestone that feels bigger than the brand’s old reputation. Gareth Edwards and Francis Herd unpack what is driving the surge, why data has become the real battlefield, and what stronger competition could mean for prepaid prices and fibre rollout in South Africa.
16 February 2026
5000: Gold Smashes $5,000 and the Rand Follows
Gold has crossed $5,000 an ounce for the first time, marking a dramatic acceleration in the global “fear trade”; the rush into assets seen as safer when the world feels unstable.
For South Africa, that headline matters for two reasons. First, gold’s rally is not happening in isolation: it’s part of a broader precious-metals surge that can buoy sentiment around resource exporters. Second, the currency has responded; with the rand strengthening to around R16/$ territory for the first time since 2022 [and even briefly trading at R15.99], helped by strong commodity prices and improved investor appetite.
A stronger rand isn’t just a nice-looking number on a trading screen. South Africa imports fuel, and currency moves feed directly into transport costs and inflation pressure. When the rand firms up, the economy can get a rare bit of breathing room: lower fuel price pressure, slightly cheaper imports, and a more stable environment for households already stretched by everyday costs.
The episode also explores what’s underneath the gold spike: uncertainty, geopolitical shocks, tariff threats, and a market that’s re-pricing risk fast. When investors stop trusting the “usual” safe places, they reach for the physical stuff and gold is the oldest receipt in the world.
In Number of the Day, Francis translates that global chaos into a local read: why this moment could be supportive for mining confidence, how the rand’s move can affect affordability, and what to watch next if volatility keeps driving capital into safe-haven trades.
Gold has crossed $5,000 an ounce for the first time, marking a dramatic acceleration in the global “fear trade”; the rush into assets seen as safer when the world feels unstable.
For South Africa, that headline matters for two reasons. First, gold’s rally is not happening in isolation: it’s part of a broader precious-metals surge that can buoy sentiment around resource exporters. Second, the currency has responded; with the rand strengthening to around R16/$ territory for the first time since 2022 [and even briefly trading at R15.99], helped by strong commodity prices and improved investor appetite.
A stronger rand isn’t just a nice-looking number on a trading screen. South Africa imports fuel, and currency moves feed directly into transport costs and inflation pressure. When the rand firms up, the economy can get a rare bit of breathing room: lower fuel price pressure, slightly cheaper imports, and a more stable environment for households already stretched by everyday costs.
The episode also explores what’s underneath the gold spike: uncertainty, geopolitical shocks, tariff threats, and a market that’s re-pricing risk fast. When investors stop trusting the “usual” safe places, they reach for the physical stuff and gold is the oldest receipt in the world.
In Number of the Day, Francis translates that global chaos into a local read: why this moment could be supportive for mining confidence, how the rand’s move can affect affordability, and what to watch next if volatility keeps driving capital into safe-haven trades.
26 January 2026
Today’s Number of the Day is 0, the number of letters the Post Office delivered from Francis Herd’s test. After mailing seven letters across the country two months ago, none arrived. This episode unpacks what the result says about SAPO’s service collapse, why the Post Office is in business rescue, and whether South Africa still needs a national mail system.
11 December 2025
Today’s Number of the Day is –9, the latest Consumer Confidence Index reading from FNB and the BER. Francis Herd and Rofhiwa Madzena explain why confidence remains negative, how households are coping with high living costs, and what this means for festive spending and economic recovery. A sharp, data-driven snapshot of the financial mood across South Africa.
09 December 2025
The Number of the Day is 18 600; the number of Kia vehicles recalled in South Africa due to braking and safety defects. Gareth Edwards and Francis Herd explain what models are affected, why 2025 recalls have surged, and what this means for motorists. A clear, urgent breakdown of a fast-growing consumer safety concern.
08 December 2025