Everest Wealth

02/06/2026

Everest Wealth is proud to introduce Purpose for Paws, our new community project dedicated to creating second chances for animals in need. In partnership with the SPCA and rescue organisations, we will be working over the coming months to improve the lives of rescued animals through kennel renovations, donations of food and medical supplies, adoption initiatives, and meaningful community partnerships.

Every animal deserves a safe place to call home, compassionate care, and the opportunity for a brighter future. Through this initiative, we hope to make a lasting difference while bringing together individuals, businesses, and communities around a shared purpose.

This is only the beginning. Follow our journey as we share progress on projects already underway, the stories behind the animals we support, and ways you can get involved in creating more second chances.

Together, we can make a difference, one paw at a time. ❤️🐾

Every contribution helps create a second chance. Visit the link below to learn more about our Homeward Bound initiative and how you can be part of the journey:
https://everestwealth.co.za/csr/everest-wealth-gives-back-rebuilding-hope-at-the-spca/

18/05/2026

More than just numbers.
Our financial advisor Stephné Naudé visited the Waltloo SPCA this week.
As a proud sponsor of the Waltloo SPCA, we’re committed to supporting the renovations, resources, and daily care that keep this shelter running for the animals who need it most.
Every effort counts. We’re honoured to work with the incredible team at the Waltloo SPCA.
Want to get involved? Donation collection stations are active until 30 June. Stay tuned for more details on how you can help.

10/05/2026

Happy Mother’s Day to the women who guide us with love, strength and wisdom every day.
From all of us at Everest Wealth.

08/05/2026

The biggest retirement decision you’ll make…
Living Annuity or Life Annuity?
It’s not just a product choice, it’s about how you want your income to work for you in retirement.
Each option comes with its own trade-offs:
- flexibility vs certainty, control vs guarantees.
- Swipe through to understand the difference, and which approach may better suit your lifestyle and long-term needs.



Get personalised advice - speak to an Everest Wealth advisor www.everestwealth.co.za

08/05/2026

Market Update: JSE Flat Amid Economic & Corporate Tensions

- JSE ALSI: Slipped slightly (-0.01%) to 119,153 points. Strong gains in gold shares offset heavy losses in Sasol (-6.85%).
- Economic Risks: SARS warns that the escalating Iran conflict, rising fuel costs, and slowing growth threaten SA's tax revenue targets.
- Mining: AngloGold Ashanti shareholders passed a contested resolution allowing political donations ahead of municipal elections.
- Corporate: Woolworths defended cutting ties with Beyers Chocolates over alleged exclusivity breaches, leaving the 30-year supplier facing liquidation.

Read the full analysis: https://everestwealth.co.za/news/anglogold-dominate-as-jse-closes-flat/

Contact Everest Wealth:
Email: [email protected]
Phone: +27 87 654 8705
Website: www.everestwealth.co.za

Disclaimer: General information only, not financial advice. Everest Wealth Management (Pty) Ltd is an authorised FSP (795) and registered credit provider NCRCP 21504.

The JSE closes flat as AngloGold approves political donations, SARS warns over war risks, and Woolworths faces supplier fallout over the Beyers collapse

08/05/2026

Is Workers' Day still a celebration, or a stark reminder of lost economic opportunity?
Thys van Zyl recently joined eNCA to discuss the health of South Africa's economy. With general unemployment over 40% and youth unemployment exceeding 50%, he highlighted that a system in decline cannot be celebrated.
To reverse this trend, stimulate GDP growth, and reduce crime, he advocates for decisive action:
- Attract Foreign Direct Investment: Actively draw international companies to open production plants and headquarters locally.
- Implement Tax Incentives: Create competitive tax programs to make South Africa an attractive global manufacturing hub.
- Remove Red Tape: Eliminate restrictive business conditions for international investors.
- Fix Core Infrastructure: Guarantee stable electricity and security to build investor confidence.
South Africa has a willing workforce. An environment must be built where businesses thrive, and real jobs are created.
Watch the full interview below. What structural reforms are most urgent to solve the unemployment crisis?

07/05/2026

Market Update: JSE Rallies on Resource Sector Gains

Market Snapshot
-JSE ALSI: Advanced 3.61% to close at 119,166 points.
- Top Gainers: Sibanye-Stillwater (+11.31%), Impala Platinum (+9.97%), Harmony Gold (+9.95%).
- Top Losers: Sasol (-7.65%), alongside Exxaro and Thungela.
- Commodities: Gold rose above $4,700/oz, while Brent crude dropped roughly 6% to below $103/bbl.
- USD/ZAR: The rand weakened, with the dollar strengthening 1.36% to R16.42.

Key Developments
- Infrastructure Debate: The government is considering repurposing Gauteng’s deactivated e-toll gantries (originally costing over R20 billion) for average speed enforcement and vehicle monitoring, sparking debate over whether the focus should be public safety or revenue generation.
- Weather Disruptions: Severe weather linked to a cut-off low system caused major flooding along the Garden Route (closing mountain passes and damaging infrastructure) and brought significant early snowfall to the interior and Southern Drakensberg.
- Tech Glitches: Shoprite resolved a technical bug in its legacy systems that prevented customers with special characters in their names from receiving Xtra Savings discounts. Meanwhile, recent Home Affairs upgrades now allow for full character recognition, particularly for Khoisan languages.

Read the full analysis: https://everestwealth.co.za/news/south-africa-faces-weather-chaos/

Contact Everest Wealth:
Email: [email protected]
Phone: +27 87 654 8705
Website: www.everestwealth.co.za

Disclaimer: General information only, not financial advice. Everest Wealth Management (Pty) Ltd is an authorised FSP (795) and registered credit provider NCRCP 21504.

Weather chaos, policy debates, and consumer technology disruptions shape South Africa's week as the JSE closes strongly on resource-driven market gains.

06/05/2026

Market Update: JSE Edges Higher as Insolvency Risks Rise

Market Snapshot
- JSE ALSI: Ended at 115,017 points, up 0.31%.
- Top Gainers: AB InBev (+8.26%), Aspen (+5.61%), and Vodacom (+5.28%).
- Commodities: Gold rose to $4,570 per ounce, while Brent crude fell nearly 3% to $110.10 per barrel.
- USD/ZAR: The rand firmed to R16.66 against the dollar.

Key Developments
- Rising Insolvencies: South African business insolvencies are forecast to reach 1,540 cases in 2026 as structural pressures and global uncertainty plateau recent improvements.
- Agricultural Policy: Minister John Steenhuisen confirmed the lifting of foot-and-mouth Disease Management Area restrictions in KwaZulu-Natal, shifting focus to province-wide biosecurity.
- Global Literacy Push: FinMaster, a South African financial literacy board game simulating economic shocks like load shedding, has expanded to US and European markets.

Read the full analysis: https://everestwealth.co.za/news/insolvency-outlook-rises-as-jse-gains/

Contact Everest Wealth:
Email: [email protected]
Phone: +27 87 654 8705
Website: www.everestwealth.co.za

Notice and Disclaimer:
This article is provided for general information and educational purposes only and does not constitute financial advice as defined by the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act). The content should not be relied upon as a basis for making any investment decisions. Please consult with an authorised financial services advisor to determine if such investments are appropriate for your individual circumstances. Everest Wealth Management (Pty) Ltd is an authorised Financial Services Provider (FSP 795) and a registered credit provider NCRCP 21504.

The JSE edges higher on resource strength as rand strength firms, while a rising insolvency outlook and policy shifts reshape South Africa's economic backdrop.

05/05/2026

Market Update: JSE Wobbles as Banks Weigh

Market Snapshot
-JSE ALSI: Declined 0.45% to close at 114,661 points, dragged by financials and resources.
- Top Movers: Karooooo and Super Group noted solid gains within industrial materials.
- Commodities: Brent crude remained above $113/bbl. Gold steadied near $4,500/oz, while palladium recovered toward $1,500/oz.
- USD/ZAR: The rand strengthened, with the dollar easing 0.96% to R16.80.

Key Developments
- Mining Revival: Theta Gold Mines plans to recommission the TGME Gold Project in the historic Mpumalanga town of Pilgrim's Rest by the end of 2026.
- Fintech Merger: Earned wage access platform Paymenow is merging with debt intervention startup PayCurve to address severe financial stress and debt among South African workers.
- Water Contamination: Environmental group WaterCAN reported that nearly a third of 72 tested South African schools showed unsafe levels of E. coli in their drinking water.

Read the full analysis: https://everestwealth.co.za/news/markets-wobble-as-banks-weigh-on-jse/

Contact Everest Wealth
Email: [email protected]
Phone: +27 87 654 8705
Website: www.everestwealth.co.za

Disclaimer: This article is provided for general information and educational purposes only and does not constitute financial advice as defined by the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act). The content in this article does not constitute any recommendations to buy, sell or hold any specific security or financial instrument and should not be relied upon as a basis for making any investment decisions. Please consult with a licensed financial advisor to determine if such investments are appropriate for your individual circumstances. Everest Wealth Management (Pty) Ltd is an authorised Financial Services Provider (FSP 795) and a registered credit provider NCRCP 21504.

Everest Wealth reports as markets wobble on the JSE, while a gold sector revival, a major fintech merger, and school water safety concerns make headlines.

05/05/2026

Market Update: JSE Rises Ahead of Workers' Day

Market Snapshot:
-JSE ALSI: 115,181 (+1.15%)
- Top Gainers: Exxaro (+5.30%), Impala Platinum (+4.57%)
- Top Losers: Capitec (-2.17%), Discovery (-1.55%)
- USD/ZAR: R16.64

Key Developments
- Labour Scrutiny: Allegations of severe workplace regulation breaches in South African call centres have resurfaced, highlighting restricted breaks and high-pressure productivity targets.
- Reverse Emigration: Cost of living pressures abroad are prompting South African expats to return home for better affordability, leveraging remote work setups and cheaper private healthcare.
- Rural Livelihoods: Limpopo communities are generating vital seasonal income through the harvesting and commercialisation of mopane worms and termite alates.

Read the full analysis: https://everestwealth.co.za/news/sa-markets-rise-ahead-of-workers-day/

Contact Everest Wealth:
Email: [email protected]
Phone: +27 87 654 8705
Website: www.everestwealth.co.za

Disclaimer: General information only, not financial advice. Everest Wealth Management (Pty) Ltd is an authorised FSP (795) and registered credit provider NCRCP 21504.