+27 (0) 21 205 1980 info@domisa.co.za
FSP No 47661

Month

April 2020
foreign exchange rate
James Mckeown from Domisa Treasury explains foreign exchange rates. We’re all consumers and love a bargain (or a fair price at least)! But when it comes to foreign exchange transactions, can you say for certain that you know what you’re being charged? Are you paying too much to purchase foreign currency, or receiving too little...
Read More
forex-south-africa
Foreign Exchange transactions can be a daunting and intimidating topic for most people, with most banks and financial intermediaries unfortunately adding more confusion with the overuse of financial jargon and lack of general transparency. In layman’s terms, when you are transferring money from South Africa to abroad, you are essentially “selling” your domestic currency (South...
Read More
foreign currency account south africa
James Mckeown from Domisa Treasury explains the Foreign Currency Account in a business context. In South Africa, as everywhere, going into business from scratch as a startup or running an established business can be a daunting exercise with a host of challenges manifesting themselves alongside the considerable opportunities for success. If you trade with foreign...
Read More
financial-market-updates
James Mckeown, director of Domisa Treasury shares weekly market updates, along with his current view on the South African market. Levels at the time of writing: USD 18.70; EUR 20.35; GBP 23.32   SARB cuts repo rate: by 100bps to 4.25% in revising the 2020 growth forecast to a contraction of 6.1% versus the January projection...
Read More
financial-market-updates
James Mckeown, director of Domisa Treasury shares weekly market updates, along with his current view on the South African market. Levels at the time of writing: USD 18.03; EUR 19.61; GBP 22.40 Since our last update USDZAR has round-tripped from 18.26 to 19.35 and back to its current level of 18.03. During the same period the S&P500...
Read More
financial-market-updates
James Mckeown, director of Domisa Treasury shares weekly market updates, along with his current view on the South African market. Levels at the time of writing: USD 18.26; EUR 19.98; GBP 21.22.63 US markets close down 4.5%, ZAR & EM currencies weaker: ZAR & BRL both posted all time record lows against the USD. USD was...
Read More