It seems as if Crazy Covid mutated and have given fraudsters super grabbing powers in South Africa. We have seen families profiting off political connections. We have heard horror stories of irregular PPE tenders and irregular spending such as many, many millions of Rands wasted on flooring for a make-shift hospital that seems to consist of novel see-through material as no one has seen it…Let us do a cold reality splash quickly. Then take a deep breath and look at four more realistic options for safeguarding your investments through international exposure.
Off-shore investments are a popular choice for South African investors who want to take advantage of high-growth economies overseas or protect themselves against fluctuations in the Rand exchange rate. With the benefits that offshore investments seem to offer, is it always wise to invest a lot of your capital outside South Africa? Continue reading “Off-shore investments”