Rent is Rising
Rents are on the rise and this is what you should do to protect yourself against property inflation as tenants. While homeowners are enjoying a silent boom in the property market the national average national rent increased to R7,958 in the first quarter of 2022 from R7,819 a year earlier thanks to a 1.8% increase […]
A Record Repo Rate Hike for South Africa
Last week the repo rate for South Africa increased by 75 basis points to 5.5%.The increase raises the prime lending rate to 9%. (The rate at which commercial institutionsgive credit to customers) .Have you ever drank too much after a long day at work?If you have, you’ll know how the good effects (the confidence and […]
Dollar strength and reflections of the Rand in the past few months
Historically, the Dollar is the world’s reserve currency and as such whenever there is a shock, uncertainty or Fed announcements, Traders traditionally choose to convert riskier (emerging) currencies into USD to safeguard it against risk. And so, as an emerging currency, the Rand is also susceptible to market risks that ultimately strengthen the Dollar at […]