SARS Tax Clearance Changes
Good news for South Africans looking to move money offshore!
SARS have removed the official requirement for private individuals to provide '3 Years of Annual Financial Statements' in order to obtain
Rand on Track, despite Hurricanes & Earthquakes, (no) Hikes & Scandals
Natural disasters, economic disasters and whipsawing financial markets...
The Rand was dealt further body blows this last week...and in so doing moved into our predicted target areas from last week -
Crypto-currency Mania…DotCom Bubble #2? | 19 September, 2017
19 September, 2017
Cryptocurrencies have burst onto the scene this year in no unmistakable way…
Bitcoin (the forerunner of all the crypto-currencies) has seen phenomenal gains the past few months of 393%
ZAR Crashes ... were YOU ready for it?
All good things come to an end, right?
That was the story of this week as the weight of all the negative news and economic events took its toll on the
Rand Hits 12 Week Best...But Can't Hold On To Gains
The United States is enduring a very difficult period...
Having just been hit with Hurricane Harvey, one of the most destructive hurricanes we have seen in quite some time...
...along comes an
Harvey to the ZAR rescue...and to USD's detriment
It was another week of building.
Not positive building, but building of tension globally, waiting for an explosion...
...as Hurricane Harvey raged through Texas
...and tensions rose toward to a crescendo between the
Is the USDZAR becoming a more stable market...?
All of us began the week with some trepidation as to what was coming next.
Despite some rocky ground, it had been a great couple of weeks for the ZAR.
Rand makes a swift recovery from Zuma-flu!
Well, well, well...who would have thought?
After a catastrophic previous week with Zuma surviving the #NoConfidence vote, all eyes were on the Rand to see the longer term effect.
And
Zuma dodges the bullet! But the Rand doesn't...
Can you believe it?
Zuma dodged the bullet again.
And the poor Rand just so happened to be standing right behind him, and was left no option but to take
Rand loses ground - exactly as predicted...
While many were holding thumbs that the ZAR's continued period of strength and stability would someone manage to keep going, it seemed the honeymoon was over as the week got
Major wins, major losses - a see-saw week for the Rand
The Rand has been bootstrapping it for a bit too long...
And all too soon, it seemed its luck has run out.
And then there was a comeback.
And then
The Resilient Rand stands strong... (somehow)
This last week was nothing short of confusing for most.
After the comeback of the ZAR during the previous week, many had high hopes that this week would have more
The USDZAR keeps fighting the tide...and winning!
While it has felt feels like the tide is dragging a seemingly helpless ZAR out to sea...
...the market just keeps on fighting back!
With no rationall explanation, the Rand
Resistance is holding the Rand from going further...but for how long?
The market did not react how persons hoped it would this week, as it sent shockwaves through the financial world...
..."where to from here?" was the question as it spiked
USDZAR Weakens over R13/$ - where to from here?
Well, that was quite a week...
Things looked pretty rosy to start.
And then ended not quite on the same score.
Such swings of 'fortune' are what brings the level
ZAR in amongst ConCourt, Constitution Change & Political Turmoil...
What did we say last week?
We thought perhaps we would have a quiet week ahead of us with a lack of economic events, but concluded with this:
"But no.
Rand makes gains before Fed and Mining Charter bite
A week which was looking so good...
Steady, smooth, and almost calm strengthening of the market from Monday morning through Wednesday...
...only for Wednesday and Thursday to turned things on
The Rand and #JunkStatus - The Irrational Truth
Isn’t it amazing, how time and again, when the news is about the worst it can get, that the Rand pulls a fast one against everyone’s expectation.
Will anyone forget the
Events & Elements vs the Rand...who takes the win?
It's been a crazy couple of weeks for the ZAR, both on the home front and abroad.
Events, scandals, surprises and shocks have come thick and fast...(and they aren't showing
Zuma win leaves Rand stuttering, but fighting back...
It is difficult to put this week into a few words...
The market was at its undecided worst, as it fought against news, economic events all week long, leaving everyone