Philip Hammond, chancellor of the exchequer, has delivered Britain’s first major economic statement since the Brexit vote in June.
The United Kingdom – and more specifically London – could lose a large part of its workforce if EU nationals have to abide by the same visa rules as non-EU nationals.
Last week ended off with a bombshell for the GBP, with the currency losing 6.1% against the USD in just two minutes. With the Pound at its lowest level in 31 years, many South Africans have been buying as much of the English currency as they can.
US jobs data on Friday could cause major swings in the high-achieving rand on Friday, with an analyst seeing the rand moving between R13.55 and R14.00 to the dollar.
There have been some significant changes in the UK political landscape, since the referendum on Brexit. Only time will tell how the newly appointed Home Secretary, Ms. Amber Rudd will be handling Immigration over the coming months.
It is up to a new generation of economists to achieve equality and inclusive economic growth, according to Finance Minister Pravin Gordhan.
South Africa is the most exposed country in sub-Saharan Africa (SSA) in terms of the potential impact of the Brexit vote, ratings agency Moody’s said on Friday.
With less than a month to go until the Local Government Elections, things aren’t looking positive for the ruling party.
South Africa seems to be building quite the reputation for getting on the wrong side of history, and last week at the United Nations was no different.
International Relations Minister Maite Nkoana-Mashabane told reporters that she doesn’t know much about Brexit, other than what she’s seen on TV.
Economic commentator Chris Hart said he fears Brexit will be used to cover up South Africa’s poor economic performance, which he says is self-inflicted.
A worst case scenario for the United Kingdom (UK) could be a boost for South African trade between the UK and the European Union (EU), a trade consultant and economist said on Wednesday.
Social media is documenting hundreds of racism incidents in the UK that have come after the Brexit vote.
Finance Minister Pravin Gordhan said following the result of the Brexit referendum, in which 52% of Britons voted to leave the European Union, developing countries, including South Africa, were experiencing volatility in business.
Experts warn that the possibility of the British passport losing some value does exist, but believes the UK will manage to find some sort of association deal with the EU.
Brexit begins. Here’s a primer on the laws at play in the UK’s withdrawal process from the EU.
In the wake of the United Kingdom’s historic vote to leave the European Union, the Rand took a heavier knock than when Zuma fired then finance minister Nhlanhla Nene.
The United Kingdom has voted to leave the European Union. Here are some pictures of events as they unfolded.
Markets have plunged into turmoil during early responses to Brexit.
Rival sides in Britain’s referendum on European Union membership have made final appeals hours ahead of the crucial vote.
Rival sides in Britain’s referendum on European Union membership clashed in a passionate debate to the roars of an audience of six thousand in a London concert arena.
The Breytenbachs Immigration Consultant offices have received an influx of calls over the past weeks from EU nationals (including South Africans who are living and working in the UK on EU passports), who are extremely concerned about their future immigration status in the UK. This follows news reports about the real possibility of the United Kingdom leaving the European Union, and the upcoming UK referendum on membership of the European Union, which is scheduled to take place on Thursday 23 June 2016.
A British newspaper has published a strong piece of criticism, written by South African born novelist Justin Cartwright.
Come April 2015, it will be less of a hassle and expense for South Africans to travel to the United Kingdom. Here’s why…
Minimum-income rules for spousal visa applications have angered many immigrants to the UK. Now, pending review, the Home Office has paused all applications that have been refused on these grounds.