The Foreign Exchange Market plays a pivotal role in South Africa’s political and economic landscape. Its numerous influencing factors and their complex effects on the economy make foreign exchange rates both fascinating and essential to understand. Contrary to what we might think, foreign exchange impacts everyone, from the government and Reserve Bank to multinational companies and private households.   Foreign exchange rates are crucial in determining the cost of investi

Welcome to this week's latest Rand Review... ...and it was certainly a pivotal week. Because something shifted, almost unawares. It is...

Welcome to our latest Weekly Rand Review...I would like to know what you think of it!   Ever been to the beach on a day when the sea...

Before providing information of what represents a third party payment for imports, it is important to briefly explain what is deemed to...

An advance payment for imports is a prepayment method in which an importer makes payment for items to be imported in advance, prior to...

Travel allowances to ‘leisure’ travellers and ‘Omnibus’ travel facilities to business travellers You are a South African resident wishing...