Monthly Rand Report: The Rand faces a turbulent start to 2025

by Sebastian Steyn | Feb 3, 2025

Our forex experts dive into the trends and challenges facing the Rand against world currencies during January 2025.

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Forex 2024 – Trends, challenges and predictions for the year ahead

by Sebastian Steyn | Jan 27, 2025

2024 was a volatile year for forex activity and currencies around the world. Geopolitics saw the impact of major conflicts, elections in South...

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How IT SMEs can simplify cross-border payments and stay ahead globally

by Sebastian Steyn | Dec 6, 2024

If you’re running an IT SME, the world is your oyster. Businesses all over are either outsourcing IT services to South Africa or setting up sh...

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Transfer funds out of SA before year end

by Graham Barratt | Nov 14, 2024

It’s nearly the end of 2024, and the clock’s ticking if you hope to make any international money transfers before they expire in December. As ...

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Hidden fees and high costs: The price of using banks for FX transfers

by Sebastian Steyn | Sep 24, 2024

If you’re transferring funds from the UK to South Africa, you may assume your bank is the best option. But this could be a costly mistake. Ban...

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Global currencies: The potential for a multipolar currency system

by Staff Writer | Jun 6, 2023

Why does the Dollar reign supreme? And could it be unseated? Our Forex experts examine global currencies and explore the possibility of a new,...

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SARS changes to the tax compliance status process – it's not all doom and gloom

by Tim Powell | May 2, 2023

On 24 April 2023, SARS announced changes to its Tax Compliance Status process, with immediate effect. Here’s everything you need to know about...

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Forex case study: Transferring funds abroad from a deceased estate

by Gemma Blommaert | Apr 26, 2023

We take a look at a common scenario where funds from a deceased person's estate are transferred to an overseas account.

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A guide to inheritances for South African beneficiaries living overseas

by Tim Powell | Mar 22, 2023

There are three scenarios in South African exchange control for inheriting from a South African deceased estate if you’re overseas. These scen...

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