The rand is one of the world’s top performing currencies
South African expats living abroad will be delighted to know the South African rand has strengthened substantially during the past months and is now trading at a three-year high against the pound. So if you’re living abroad and still have funds back in South Africa,...
Forex alert! Trump wins… where to from here?
The results of the US presidential election may have come as a big surprise, or perhaps it’s what you expected – but irrespective of your pre-election views, people around the globe are taking stock, selling stock and eyeing exchange rates for a glimmer of hope....
State of the Rand: Where to from here?
It remains very difficult to predict the future movements of the South African Rand. The currency has continued to weaken since the New Year, and is now the worst performing emerging market currency for the year to date. The currency has now lost 44% of its value...
Exchange control in South Africa – how does it affect you?
South Africa is one of the few countries that continues to operate an exchange control system and it seems unlikely that this will change anytime soon. So what does it mean for you? Well, all transfers of money out of South Africa must comply with the regulations as...