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Debt holders face higher repayments following the latest announcement by the Monetary Policy Committee (MPC). The repo rate climbs by another 75 basis points to 5.5%, leaving the prime lending rate at 9%.
The case for investing offshore has received renewed attention lately, driven by two recent developments.
South Africa is isolated from the rest of the world in the geographic sense - we live on the far tip of Africa, in the southern hemisphere, as far as it's possible to get from the powerhouse economies of America Europe and China.
The strongest deterrent against FSP compliance missteps is or should be: