Forex News

That said, the change is still meaningful. It signals a continued, albeit gradual, willingness by the South African Reserve Bank (SARB) and National Treasury to modernise aspects of the exchange control framework.

Beyond the headline increase in the Single Discretionary Allowance, a number of quieter developments over the past few years point to a more meaningful shift in how exchange control is being applied in practice.

A simple guide to what pushed USD/ZAR higher this year

Currency movements can quickly affect the profitability of businesses operating across borders. This article explains how forward exchange contracts allow companies to lock in exchange rates in advance, providing cost certainty and helping South African businesses manage foreign exchange risk more effectively.

What matters is whether your business is positioned to handle the move — instead of scrambling when it happens.

In currency management, certainty usually beats perfection.

How regulation, technology, and capital mobility are reshaping the flow of wealth across borders.

“Volatility isn't always a threat—it’s often a catalyst for better financial planning,” says Stian Van Zyl, FX Risk Manager at Kuda FX. “The key is to stop reacting and start structuring.”

Kuda FX believes the answer lies in smarter, not stricter, regulation—one that enables responsible participation in a global financial system that is becoming borderless by design.

One of the biggest challenges companies face when setting up an entity is dealing with multiple service providers—legal, accounting, payroll, HR, tax, and compliance specialists. To simplify the process, O’Kennedy strongly recommends working with a single, experienced partner who understands what your business needs and has a proven track record in entity setup, ongoing management, and compliance.

 In contrast, while AI can process vast amounts of data and offer recommendations based on algorithms, it lacks the ability to grasp nuanced human emotions and life circumstances.

Remember, it’s strategy, and the right investment approach that is key!   

This shift towards fully remote or hybrid working models has seen a rise in Employer of Record (EOR) services as international companies look to expand globally, and need help with navigating the complexities of local labour laws, mitigating risks, and maintaining operational flexibility.

Advanced Import Payments (AIP) are a crucial strategy for businesses seeking to enhance efficiency in their cross-border operations.

“This development and process aligns with improving South Africa’s financial reputation overall.” 

Ongoing economic challenges, including high unemployment rates, political uncertainty, almost one year on the FATF Greylist, loadshedding and fiscal concerns, create a less favourable investment climate domestically.

Rand Strength vs Rand Weakness – Should your clients take money offshore now? The Futility of Timing the Rand: An Argument Against Forex Market Speculation In the intricate world of foreign exchange, the illusion of control often appeals to even the most prudent investor.

“Hedging” sounds extremely complicated. Like a word used in very small circles – only the select few “in the financial know”. And for those of us seemingly looking from the outside in, “hedging” – on the face of it at least – seems to be a little “over our heads”, a little convoluted and a little circumspect.

Corporate Revenue Kuda FX specializes in converting your South African Rand into Dollar, Sterling, Euro and any other currencies to your nominated offshore beneficiary. In the Corporate Revenue space, we have incredible solutions geared towards Small-to-Medium Enterprises (SME’s).

Who is Kuda FX? We have so enjoyed sharing our knowledge with you on The History of Foreign Exchange, going through the basics of Forex in our article Forex 101 and most recently discussing how World Events and Currency are intrinsically linked.