South Africa

Revolut has taken a significant step toward establishing operations in South Africa after formally submitting its Section 12 application to the Prudential Authority of the South African Reserve Bank. The submission marks the first stage in securing a banking licence under the country’s Banks Act and signals Revolut’s intention to enter the market with a […]

GBPZAR Forecast highlights:  GBPZAR surged to long-term highs in recent months ZAR remains on a structural decline, further downside risk remains Watch to buy GBPs at around 24 How has GBPZAR performed recently? A quick glance at GBPZAR’s weekly chart tells you all need to know about the Rand’s long-term trend. It appears a one-way

EURZAR Forecast highlights: EURZAR surged to new highs before retracing back to support (20.0) Macro trends appear to favour the EUR Watch to buy some EURs at around 20.0 How has EURZAR performed recently? In stark contrast to USD-ZAR, the South African Rand-Euro fx rate hit new all-time highs (or lows if viewed from ZAR’s perspective)

USDZAR Forecast highlights: USDZAR surged to 20.0 and retraced sharply Downward bias noted; as prices sank below 18.0 Use ZAR strength to buy into some USDs How has USDZAR performed recently? The USD-ZAR rate has had a rollercoaster ride over the past few months. Due to unexpected policies such as tariffs coming out from the White

Investment fraud on social media is spiralling out of control, with a new report suggesting that virtually every finance-related ad seen on Facebook and Twitter (now X) is either high-risk or a scam. According to research from BrokerChooser, 100% of financial ads reviewed in South Africa were flagged as deceptive—marking a dangerous turning point in