Global Fundi Finance

Every year I look at what my personal and company tax liability will be to see if I should send money overseas for an investment, buy property, pay my debts or transfer money to the UK for an investment, whatever the case is; I will need to know what I am in for. So I [...]

So because I am new to to making Regular Overseas Payments, and my existing payments have ended, I am now ready to take out a new plan and have someone manage my regular payments.  - Quote Alan Holloway  What has this meant – well a saving of up to ZAR 4,500 a year on bank [...]

An interesting month September 2012, as the month ended with the SA Rand trying to create a comeback against Sterling in the closing of the month’s sessions, sending the GBP ZAR exchange rate down to 13.3135 in trading. We must remember that the pair’s three year high of 13.6122  appears a long way off, however [...]

Last Friday’s session in the currency markets saw the GBP versus ZAR exchange rate break down into the 11.70s for the first time since last September. The move was driven by Rand strength, triggered by an improvement in investor sentiment following the acceptance of a debt-swap deal by Greece’s creditors and by stronger than anticipated [...]

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 [...]

An increase in investor appetite risk saw the  Pound’s action over the past 5 to 6 weeks under heavy selling pressure against the Rand.  This must be because of weak UK data releases and of course support for the South African currency. This took the GBP ZAR exchange rate to a new 3-month low of [...]