Why is the rand proving to be resilient despite global turmoil?
The relative strength of the rand should give investors reason to cheer if you’re looking to get your rands into offshore accounts or assets.
Source: biznews.com
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Gingerbread man, mummy hit Taranaki town's streets for annual scarecrow trail
They’re made with hay, look like they’d deter birds and stand tall on wooden sticks, but are far from your average scarecrows.
Source: stuff.co.nz
Why has the rand made a come-back?
Why has the rand made a come-back? By Renee Eagar, CFP®* The local currency’s strong come-back towards the end of 2020 took many by surprise in view of the continued and more severe impact of the global Covid-19 pandemic and worsening local economy. The rand was under massive pressure and traded at R19.26 in the first week of April 2020, shortly after SA went into hard lockdown and Moody’s downgraded the country to junk; voicing concern that the SA government’s debt is ballooning. The agency also said it has little to no confidence that the state would succeed in cutting spending, es...
Source: biznews.com