DEBT LEVELS STATISTICS 2010

With over 18 million active consumers in the marketplace, there is R 1,1 trillion worth of credit being offered by 4,120 credit providers and 34,000 branches nationally.  This is a big market.  But, there are 1,682 debt counsellors - so definite signs of debt management, increased debt loads and more money required by consumers. Nearly 50,000 people are being added per month as "impaired" credit clients.

No need to hide away in your shell, unless you are a cancerian!!

So, is this a good time to send your money to SA and invest in SA.

Well the answer is yes. Our banks are relatively stable in this first tier and second tier economic swing.
South Africans are great spenders.  The country has great investment opportunities with still good returns.  look at gold, platinum, consumer goods, organic foodstuffs, wine and technology.  we still have SA reserve Bank constraints in terms of money flow, however, the desire and demand for foreign currency remains high and you can bring in money without paying any transfer fees, so it need not be a stumbling block at all.

Kenaka - it is time - to transfer your money free to SA.
email me at forex@globalfundi.com for your personal forex dealer.