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 [...]

I recall about 20 years ago when the then Top Rabbi of New York told his fellow Jews who were leaving South Africa, that the safest place to be in the beginning of the 201….. somethings was South Africa.  Even with the high crime rate, we seem to be living fine here, politics are exciting, [...]

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 [...]

So time to get more bang for your buck, or to be more precise a great time to transfer money from UK to South Africa. The Pound moved upwards against the South African Rand last week, taking the GBP ZAR exchange rate all the way up to 12.3714, its highest level since January. However, this [...]

The rand was trading at 7.665 per dollar as of 1534 GMT, over half a percent stronger than Thursday’s close of 7.715.  So send money from Uk to South Africa becomes a distinct win situation.  The SA Reserve bank left the repo rate unchanged at 5.5 percent on Thursday, as expected, but more importantly it said [...]