Trade finance for importers

Trade finance for importers

Managing their cash flow cycle is a particular challenge for importers as the purchasing cash flow lead-time is generally longer than purchasing locally. In most cases imported goods need to be paid for before they arrive; or even before they are shipped from the...
2022: A brief FX summary

2022: A brief FX summary

As we begin 2023, it is hard to believe that another year has come and gone. After a year where global central banks hiked interest rates to levels last seen in 2008, in an attempt to combat the fallout of the Global Financial Crisis (GFC), central banks appear to be...
It’s a race to the bottom

It’s a race to the bottom

This month we consider several indicators that must be considered when reviewing the outlook for the direction of the rand against its major trading partners. The key takeaway is that the US economy and global risk sentiment continue to be the key drivers of global...