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SA Budget Speech 2012 – Pravin Gordhan

The global environment remains highly uncertain.  While there are signs of a revival in the US economy, much of Europe is in recession, and significant financial risks cloud the global economic outlook. South Africa’s finances are in good health – get the full SA Budget Speech 2012 today!  

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Send Money from SA to New Zealand

Send Money from SA to New Zealand You may wonder why you will ever need to send money to any place unless you are buying something from that country.  Stop.  Take a minute to think about what reasons you would to need to send money from SA to New Zealand as an example. If you [...]

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Budget for 2012 – Pravin Gordhan, Government spending and the budget

  Where is our hard-earned money going? It is obvious that today’s 2012 budget speech by Pravin Gordhan will affect everything that we are going to be paying for in the coming year; this includes our insurance premiums, the interest rates on our bonds, borrowing money, education, and all the utilities that we use on [...]

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SA Rand versus UK pound vs South African budget 2012

Sterling Rand was locked in a pronounced downtrend until the start of February. Last Thursday saw the pair recover to trade to its highest level since the 26th January following strong British Retail Sales numbers and a wobble in share markets due to fears over Iran’s nuclear programme and the lack of positive noises coming [...]

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SA Rand gives or gets a Pounding!

What an interesting week for the SA Rand.  Fisrt big gains against the US dollar, then losing ground and last week saw the British pound and ZAR exchange rate stage a mini-recovery. The pair was languishing below the 12.0000 level last Monday – and of course by Friday lunch time, it had recovered to trade [...]

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Greece or Grease Move your Money into European Assets!

With the real likely possibility that the EU finance ministers will offer a new round of financing for Greece it seems that the Greek negotiations continue amid a series of rumours that a resolution is close to being agreed, but still nothing official. The Prime Minister Lucas Papedemos announced there was an outline deal on all aspects [...]

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