By now, I assume, most investors would agree, having all your money invested in SA is a bad idea.
Our low growth, unstable politics and a volatile currency are important considerations. However, the most important reason to invest offshore, is the local investment universe is simply too small. At less than 0.6% of global GDP, South Africa is simply too small to provide you with enough opportun... ››› more
When you go overseas on holiday, you want to know the exchange rate of the rand against whatever currency it is you're buying. The weaker the rand, the more expensive the other currency is.
But did you know that exchange rates can have a big impact on the prices you pay in the shops, a company's accounts and the value of your investments?
So how exactly determines exchange rates of currencie... ››› more
The rand has fallen sharply since last night as it and other emerging market currencies battle against a torrent of bad news. A host of factors are stacking up against them. The rand has fallen through R11 to the dollar again and continues to weaken as the day progresses. Let's take a closer look at what's causing so many problems…
Last night, the rand went through “the psychologically key 1... ››› more
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