South African and Botswana passport holders will be required to obtain a visa before travelling to Ireland from Wednesday 9th July, the Irish Minister for Justice, Helen McEntee, has announced.
Continue reading…
Why We Cannot Have Nice Things: African Abuse of Visa Free Travel Force Ireland & UK To Implement Visa Requirement
Leave a comment
Petition: Make Peace NOT War! Invite both Ukraine & Russia to join NATO & EU to ensure lasting peace!
Leave a comment
The best way to ensure permanent and lasting peace on the European continent, is to let both Ukraine AND Russia join the very organisations that claim to maintain peace and stability in Europe.
Send Valentine’s Flowers & Gifts to Your Loved One Back Home or Abroad Today!
Leave a comment
With just a few clicks you can send flowers, chocolates, gift, hampers, cards, linen, clothing and even booze to anywhere in South Africa, or abroad even! With domestic offices all over, delivering flowers and gifts on time with SA’s favourite Net Florist is never a problem. Our international reach stretches as far as UK, Australia, USA and the rest of the globe. No need to go out and visit florist’s shops, our selection of flowers is unmatched and we have gifts and hampers for every taste.
Continue reading…
Emigration Tax? ANC Regime to Charge Emigrating South Africans an Additional “Exit Tax” on Retirement Funds!
Leave a comment
In the National Treasury’s latest published Draft Tax Bills, which incorporates the tax proposals made in the 2021 Budget, the amendment proposes a particularly worrying amendment which may upend taxpayers’ carefully planned retirement. The Draft Taxation Laws Amendment Bill (TLAB) proposes an additional “exit tax” to tax retirement fund interests of individuals when they cease South African tax residency. This proposed amendment, due to come into operation on 1 March 2022, would be a further blow to emigrating South Africans wanting to cease their tax residency, following on from the three-year lock-in rule imposed on retirement annuities earlier this year.
Ramaphosa Tries the “Apartheid Whip” Scam to Destroy Multinational Covid Patent Profits & Guilt Trip Covid Vaccines from Wealthy Countries!
Leave a comment
Just mention “Apartheid” and white people go limp and start throwing free stuff at blacks. The ANC regime have become Billionaires off of this scam, which is why the ANC government in Pretoria has threatened to accuse wealthy nations of hoarding Covid jabs, and “vaccine apartheid,” if they don’t share Covid jabs. South Africa’s Cyril Ramaphosa has got the old well worn begging bowl out again, accompanied by all the well used, tried and tested rhetoric to extract more hand outs from the West. As a selling tool he raises the spectre of millions of people in poorer countries (to whom the West have given Billions for decades), which may die waiting to be inoculated against Covid-19, as rich countries inoculate their own people. He accused wealthy nations of “hoarding jabs” and reaffirmed his support for his global patent waiver on vaccines.
Trade wars between US and China continues
Leave a comment
US and China tensions continues to grab the headlines, despite disappointing US jobs data Friday.
The US created 103k jobs in March, a far cry from the expected 188k, with unemployment remaining at 4.1%. Emerging markets have recovered slightly, with the rand hugging 12/$. President Trump called China’s bluff over the weekend, threatening another $100bn in tariffs.
This week is relatively light on data, with US CPI on Wednesday the highlight. Look for US CPI at 2.4%, with emerging markets likely to take a knock if this is the case. Locally, we’ll be eyeing public sector wage negotiations, with Union demanding CPI + 3%. It will be interesting to see how President Ramaphosa handles this hot potato. Have a great week folks.
Today’s Rate
USD/ZAR 12.0409
GBP/ZAR 16.9866
EUR/ZAR 14.7793
ZAR/JPY 8.8940
CNY/ZAR 1.9080
AUD/ZAR 9.2384
CHF/ZA
Continue reading…
Tit for tat:- Tariff increase of Chinese import products
Leave a comment
Following China’s 15% tariff on US products, ‘Merica hit back yesterday laying out plans to impose a 25% tariff on Chinese import products.
The tariff could see more than 1300 Chinese imports being effected totalling more than $50 billion. In response, China said it plans to implement the same trade measures against the US.
The result could see higher US product prices which will lead to the Fed hiking rates more aggressively in the coming years (not good news for the rand). On the calendar today, EU inflation figures are out at 11h00.
Today’s Rate
USD/ZAR 11.8541
GBP/ZAR 16.6787
EUR/ZAR 14.5459
ZAR/JPY 8.9999
CNY/ZAR 1.8817
AUD/ZAR 9.1162
CHF/ZAR 12.3621
AED/ZAR 3.2267
SGD/ZAR 9.0281
NOK/ZAR 1.5115
EUR/USD 1.2269
GBP/USD 1.4067
GBP/EUR 1.1465
All rates quoted are the interbank rates at time of publishing and shown for indicative purposes only. It is important to note that foreign exchange
Continue reading…