The rand is enjoying a rare range of positives for the moment

At current levels, the Rand provides a good opportunity for externalising funds The Rand exchange rate appears to be benefiting from a rare range of positives that are likely to continue over the next 3-6 months. Importantly, this does not mean that Rand is expected to strengthen substantially further in the weeks ahead, but it…

Series: Tax Efficient InvestingDynasty Analysis Tax-efficient investing – Managing the pitfalls of offshore share portfolios

Tax-efficient investing – Managing the pitfalls of offshore share portfolios

One of the most misunderstood areas of taxation among higher net worth South African investors is the implications of holding a high-value portfolio of shares in an offshore jurisdiction. Many wealthy investors have sizeable global share portfolios with banks in Switzerland, the Channel Islands, and other parts of the world. They have established these relationships…

OpinionDynasty Analysis Where to from here for the rand?

Where to from here for the rand?

Between the global COVID-19 crisis and the decision from Moody’s to downgrade South Africa’s sovereign credit rating in Q1 2020, the rand has had a torrid year so far. Is R18.70 to the US dollar fair value, could it fall further, and what are the chances that it could rebound? As regular readers of our…

Series: Tax Efficient InvestingDynasty Analysis Tax-efficient investing - Seek professional advice before setting up a trust for your assets

Tax-efficient investing – Seek professional advice before setting up a trust for your assets

High net worth families used to rely on creating a trust as a tax-efficient vehicle for growing their assets and passing wealth from generation to generation. But tax authorities and governments around the world have tightened up laws and regulations to prevent the affluent from using trusts to shield their income and capital gains from…