This review unpacks why 2025 delivered exceptional returns for South African investors, and what lies ahead. With improving local growth, inflation expected to remain within target, further rate cuts on the table, and SA assets still screening attractively relative to global peers, this concise update offers valuable perspective on equities, bonds, property and cash positioning for 2026. A must-read for advisers navigating a shifting macro and market environment.

MediCheck, representing over 1,500 affected members, has welcomed Discovery Health's announcement that it will absorb the full cost of a claims processing error rather than pursue recoveries from 16,500 Discovery Health Medical Scheme members.

Discovery Health has announced that it will cover the cost of a claims system error that resulted in the overpayment of certain Above Threshold Benefit (ATB) claims during 2025. Affected Discovery Health Medical Scheme members will not be required to repay any amounts related to the error, and no other members of the Scheme will be disadvantaged because of this decision.