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Now is the time for South Africans to invest in UK property

Mar 07, 2018
Director of Forex and International Projects, Andrew Rissik, discusses how the Rand’s strength means that South Africans are in the best position in years to diversify their investments with an overseas property portfolio.

“Thanks to Ramaphosa’s appointment, we are seeing rand exchange rates last seen in 2015. Although the UK pound has strengthened substantially against the USD making up most of its post-Brexit losses, this be due to USD weakness rather than Pound strength,” says Andrew Rissik, Managing Director of Sable International.

“From a South African point of view, this bodes very well for the UK investment arena as the current Rand strength offsets the negative effect of Pound strength for South African investors,” he says.

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South Africa

Cape Town

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United Kingdom


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Sable International is a trading name of 1st Contact Money Limited (company number 07070528), registered in England and Wales. We are authorised and regulated by the Financial Conduct Authority in the UK (FCA no. 517570), the Financial Services Conduct Authority in South Africa (1st Contact Money [PTY] Ltd - FSP no. 41900) and hold an Australian Financial Services Licence issued by ASIC to deal in foreign exchange (1st Contact Group - AFS Licence number 335 126).

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