Pity African countries as the US dollar strengthens
How should African countries respond to the strong US dollar? In the short term, there are two main options and neither is a silver bullet.
foreign currency
🔒 Analysts see an to end bearishness on emerging-market currencies
A strengthening dollar, the yuan’s relentless slide and war in Ukraine have been a toxic mix for emerging-market currencies this year. The MSCI’s gauge of emerging-market currencies has weakened about 8% this year, near the record annual drop of 8.7% posted during the 2008 crisis.
Daily Insider: Cheap holiday destination for South Africans, courtesy of economic ignorance
Turkey is a wonderful destination for South African tourists who will be amazed at how far their Rands will now travel.
How to save up for when it is safe to travel again
While we wait for borders to reopen for international travel, Nedbank can get you focused onwards and upwards – physically and mentally.
Zimbabwe demands companies pay tax in US dollars
The Zimbabwe Revenue Authority is clamping down on companies conducting business in foreign currency but paying tax in Zimbabwe dollars.
How you can manage your currency risks
In an unpredictable political climate where currency volatility can rear its head at any moment, it’s vital to have a game plan to protect yourself.
A unique new product allows investors to invest rands into a dollar asset without SARB exchange control approvals
US Dollar Custodial Certificates, listed on the Johannesburg Stock Exchange, means both individuals and businesses will be able to invest cash into a US dollar asset.