Britain’s withdrawal from the European Union – termed Brexit by the media – has been closely watched internationally, as many countries question the effects of this move on their own…
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2016 has presented quite a few financial stir-ups globally – all the more so for the South African economy. Thus far, we’ve had to wrestle with the repercussions of a…
One of the most frequent questions we get asked by clients is whether or not they should wait for the exchange rate to improve before moving their money offshore. The…
With the festive season just around the corner we, you may be wondering what the best time is to convert your South African rands to foreign currency. This time of…
If you’re a South African emigrant, you’re probably are aware of your annual exchange control allowances for transferring funds offshore. There are two principal allowances are: Single Discretionary Allowance (SDA)…
In a move that surprised consumers, the South African Reserve Bank announced a 25 basis points increase in interest rates to 6,25%. Consequently, banks will raise their prime lending rate…
If you’re sitting abroad and still have money you want to transfer from South Africa, you need to act fast if you want it to happen this year! South Africans…
It must have taken some dedication to travel the globe in the days of Columbus. The famous explorer did, after all, discover the ‘New World’ due to pure hard-headedness. In…
Unless you work in finance or travel frequently, you probably don’t have a good idea how foreign exchange works. And if you’ve only recently emigrated from South Africa or are…