Weekly Review

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Impumelelo Economic Growth Lab

Weekly Review

The BER Weekly Review provides in-depth, data-driven insights into the South African and global economies. Alongside the latest statistics, we cover key financial market developments and explain what matters - from monetary policy decisions to broader policy shifts and economic drivers. Each issue also looks ahead to the coming week, highlighting events and data releases that are likely to shape the economic and market outlook. From 2026, the Review includes a concise South African political update. It is available to Premium Insights and Essential Insights subscribers.

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A week of market whiplash, with political rumours becoming reality

Date Uploaded: February 06 2026 07:00


The past few days presented a story of abrupt reversals. After precious metals raced to record highs, last Friday brought a historic rout, with gold tumbling and commodity markets swinging wildly. The turmoil coincided with a major political development in the US, where Kevin Warsh was confirmed as Trump’s nominee to succeed Fed Chair Jerome Powell, adding another layer of uncertainty to the global policy outlook. Locally, Democratic Alliance (DA) leader John Steenhuisen announced that he will not seek a third term, clearing the way for a leadership transition ahead of the 2026 local government elections.