Currencies Direct SA

On February 2nd, we had the privilege of supporting Barber Angels from Germany,  an inspiring organisation that offers free haircuts to those in need worldwide. Watching the joy and gratitude on people’s faces was truly heartwarming. It was more than just a haircut,  it was a moment of dignity, care and connection. At Currencies Direct SA, we were honoured to contribute by handing out goodie bags filled with essentials and treats, small tokens of comfort to brighten someone’s day. The smiles, the glowing eyes, and even the tears of gratitude reminded us of the incredible power of kindness and community. A heartfelt thank you to Barber Angels for the amazing work they do. We’re grateful to have been part of such a meaningful initiative. #CurrenciesDirect #BarberAngels #CommunityMatters #PowerOfKindness Special thanks to photographer Kiara Worth.

We had a fantastic time connecting with the newly joined RE/MAX Direct team at their Property Morning in Johannesburg! It was a privilege to introduce Currencies Direct South Africa and share how we support international property transactions. 🌍💰 #CurrenciesDirectSA #ForeignExchange #REMAXTownAndCountry #GlobalProperty #RealEstate Remax

The South African rand has faced challenges this week, primarily due to a stronger US dollar and increased demand for safe-haven assets. However, there was some encouraging economic news from South Africa on Tuesday. The country’s official unemployment rate declined for the second consecutive quarter, dropping from 32.1% in Q3 2024 to 31.9% in Q4. This marks a continued improvement in the labour market. Job growth was recorded in four out of ten sectors monitored by Statistics South Africa, with finance and manufacturing seeing the largest employment increases. As a result, the number of unemployed individuals fell slightly to 7.991 million in the last quarter of 2024, compared to 8.011 million in Q3. While economic pressures persist, these labour market improvements could provide some underlying support for ZAR in the longer term. #CurrenciesDirectSA #CurrencyForecast

Meet Kobus de Kock Foreign, our Exchange Specialist ✨ Kobus has been part of the Currencies Direct SA team for almost two years, assisting non-residents looking to invest in property in South Africa, as well as South African residents living abroad, to bring money in and out of the country in line with local legislation. Passionate about providing a seamless journey for cross-border payments, Kobus ensures that every transaction is smooth and hassle-free. He also specialises in aiding deceased estate attorneys to facilitate payments from local and international estates to beneficiaries, while obtaining the necessary exchange control approvals. With his dedication and expertise, Kobus consistently delivers outstanding service to his clients. Quote that resonates with Kobus: "The customer is at the heart of everything we do; their needs shape our purpose and drive our passion." - Anonymous #MeetTheTeam #CurrenciesDirect #ForeignExchange

Last month our team had the pleasure of presenting to the incredible RE/MAX Living team. It was an inspiring and energetic day filled with fresh insights! ✨ #CurrenciesDirectSA #REMAXLiving #Partnerships #RealEstate RE/MAX of Southern Africa

In the absence of any notable domestic data, movement in the South African rand (ZAR) is likely to track market risk dynamics this week. This could see the emerging-market currency face headwinds as a result of Trump’s plans to impose tariffs on all steel and aluminium entering the US. #CurrenciesDirectSA #CurrencyForecast

Throwback to the eXp awards in KZN! Last year, we had the privilege of attending the eXp Awards, connecting with top industry professionals and celebrating excellence in real estate. #CurrenciesDirectSA #eXpAwards #Partnerships #RealEstate Matthew Lawson eXp Realty

The Bright Side | February 2025 🌟 Here’s your monthly dose of economic optimism! Dr. Roelof Botha shares the February edition of #TheBrightSide, spotlighting uplifting trends in the SA economy. Let’s continue building momentum together! #SAEconomy #FX #FinancialNews #BusinessNews #CurrenciesDirectSA

Movement in the South African rand (ZAR) is likely to be tied to market sentiment this week amid the absence of any notable domestic data. Trump’s tariffs, coupled with his threat to cut off aid to South Africa could see the rand face significant resistance in the coming days. #CurrenciesDirectSA #CurrencyForecast

🌟 Review Spotlight 🌟 A big thank you to Yaron for this amazing review! At Currencies Direct SA, we’re proud to provide seamless, professional support for all your foreign exchange needs. Ready to experience stress-free transfers? Let our expert team assist you! #CustomerReview #CurrenciesDirectSA #ForeignExchange #CeasingTaxResidency #HappyClients