Global Fundi Finance

As a South African who has lived in Germany for a few years and finally thinking of returning, buying and financing a retirement home, the idea of having a service that takes care of your repatriation of Euros to ZAR, obtaining a South African mortgage and ensuring you are within the correct tax laws and [...]

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 [...]

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 [...]

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 [...]

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 [...]