Celebrate Southern Africa arou
South Africans Abroad

Celebrate Southern Africa around the world

What makes Southern Africans unique? Is it how we see the world? Is it the norms and values instilled in us by our parents in Africa? Is it the African ‘village’ that raised us? Is it the solid foundations our DNA give us, in a unique existence on the southern tip of the continent?

The Pound rallies while the Ra
South Africans Abroad

The Pound rallies while the Rand stays stuck in the mud

The past week we saw some incredible GBP strength, moving the Sterling to the highest point against many currencies since the Brexit referendum result last year. This comes as UK political uncertainty is reduced, following an unexpected early agreement on a Brexit transition deal. As such, the Rand weakened against the Pound, however, the local currency remained in a tight range against the USD.

Cyril Ramaphosa salary
South Africans Abroad

Rand steady as jittery investors eye Moody’s ratings decision

The past week has shown that the near-future is looking good for the South African Rand. The local currency has become sturdier under the leadership of the increasingly reform-orientated Cyril Ramaphosa. This Monday, the ZAR opened with steady gains after maintaining the strong position it notched up last week. This strength was seen even as the US Federal Reserve seems to be hinting that it will accelerate its pace of interest rate increases this year.