November 2024

Dear Readers,South African consumers have been blessed over the last months. Inflation is the lowest since March 2021, the Rand is stable, fuel prices have dropped almost 10% compared to last year and the rating agency Standard & Poor’s has lifted SA's credit rating to positive. Further interest rate cuts are also on the cards, giving homeowners more financial relief.It is also the first time in many years that we can report positive news from the Department of Home Affairs. Our new minister, Mr Leon Schreiber, is not only busy with clearing a backlog of visas and permanent residence applications, but also has gazetted the first of what we must hope are sweeping reforms for work visa applications. Please read more about it further below.We are excited to announce a visit from our overseas investment partner, Sonnenberg Wealth Management. They will be holding presentations in February next year on where to invest in 2025 and introducing sustainable investing. If you are interested, you can pre-book your seat by clicking here, or further below in the article.On a different note, another year is coming to an end very soon. We wish you and your family a joyous festive season and a healthy and successful 2025!