Category: South Africa

The rand at risk for further instability in 2016

The rand at risk for further instability in 2016

South Africa saw the rand improve after hitting an all-time low on Monday, but the mid-term economic future is causing unrest for investors. Summary: South Africa’s economy looking at an unstable year with slow growth in China impacting foreign markets Since December the rand has weakened by 18% following the firing of South Africa’s Finance… Read more »

New record low for the rand as it falls to 16.22 against dollar

New record low for the rand as it falls to 16.22 against dollar

2016 brings continued woe for South Africa’s currency in response to uncertainty in a number of key global markets. Summary: South Africa’s rand fell to a new record low against the dollar on Thursday The effects of volatile global markets look set to continue the rand’s slide in 2016 Will the country’s investor community look… Read more »

Fed interest rates: Property investment in Hong Kong, South Africa and beyond

Fed interest rates: Property investment in Hong Kong, South Africa and beyond

How does a 0.25% interest rate rise from the Federal Reserve affect property investment across the world? Today (December 16th) the world embarked on its next economic cycle. Janet Yellen and the rest of the FOMC have deemed the US economy to be strong enough to enter a hiking cycle. The repercussions of this decision… Read more »