Rand Strengthens to Below R15/$

Rand Strengthens to Below R15/$

 R15/$ Ceiling Broken Today the rand strengthened to above the R15/$ ceiling for the first time since December, after US federal reserve bank chairperson Janet Yellen’s dovish comments yesterday. Yellen said the bank will be taking a more cautious approach to rate...
How to Improve Your Personal Finances

How to Improve Your Personal Finances

Net Worth and Personal Budget Your net worth is the balance of what you owe deducted from what you own. Make a list of your assets and what they’re worth, then another comprised of your obligations. Subtract the sum of your obligations from the total worth of your...
The Weakening Rand May Bring Higher Food Prices

The Weakening Rand May Bring Higher Food Prices

Black  Monday Consumers may soon face a spike in food prices, as the South African Reserve Bank (Sarb) implements strategic interest rate hikes and the rand plummets against the dollar. On Black Monday, (24th August 2015) foreign investors all over the world traded in...