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It’s the holiday season, and what a year 2025 has been. In this special edition, we look back at the jaw-dropping moments that defined the year — from market shocks and policy pivots to unexpected economic wins and lessons we barely saw coming. We’ve also pulled out our festive awards — the highlights, the surprises, the ones that made us laugh, and the ones that made us rethink everything we thought we knew about markets and macro. If you’ve been with us on Insider Exchange this year, you know there’s been no shortage of twists. If you’re new here, this recap is the perfect way to catch up with the big ideas and debates. 🎄 Thank you for tuning in, engaging with us, and making this community one of the smartest and most curious around. YouTube · TikTok

In Useful Updates, we cover Cell C’s renewed listing ambitions, Walmart’s second swing at South Africa, a gambling tax shake-up, Curro’s buyout conditions, G20 drama, Standard Bank’s China payment system, a new trade surplus, and SA’s updated retail savings bonds — now offering 8% for five years. In our Deep Dive, we unpack the rand: what moves it, who influences it, and why South Africans should care more than ever. We also share some rare insights on how the @SAReserveBank may be feeling about the currency too. In Make-It-Make-Sense, we dig into the R5 million saga behind a R200 million deal, some wild Black Friday spending stories, and why even in death… FNB still finds you. And in this week's Unfiltered Opinion, we take on forced tipping and mandatory service fees — and whether we’ve all just accepted it without thinking about it. YouTube · TikTok

Market Matters [Sponsored] We have moved this segment to a livestream, so you'll be able to watch it under the Live section of our channel. It will be dated to match this video. Deep Dive We dive into the concepts of market competition and market saturation. We explore how various markets and factors affect competition and evaluate which option is ultimately better for end consumers. Investor Insights We unpack the secrets behind negotiating for a raise in your job and identify some useful tips that can help with the negotiation. We also add an unexpected stock to our wall and wrap things up with our Unfiltered Opinion of the Week. YouTube · TikTok