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The South Africa Reserve Bank and SARS froze bank account of a 19 year old forex trader with R21 million...
The Fed officially caved in, and Powell declared defeat by signaling rate cuts coming in 2019, despite not cutting rates...
Much praised MEC of education, Panyaza Lesufi has been moved to finance to succeed Barbra Creecy. Lesufi celebrated his appointment...
President Cyril Ramaphosa has been Under tremendous pressure to appoint a credible cabinet which will implement his economic reform agenda....
JOHANNESBURG - President Cyril Ramaphosa was speaking on Wednesday morning at an investor’s symposium in Johannesburg which was hosted by...
PRETORIA - Although the 2019 election results are still trickling in, the African National Congress (ANC) is surging towards glory....
By Darren Sinden The South African rand traded with a 13.90 handle against the US dollar last week. That big...
Gauteng police are looking for a man who hacked into the department of health database and employed himself as a...
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EXCLUSIVE: Forex Traders are required to pay taxes, FX Magazine resear
Jul 05,
2019
JOHANNESBURG - With many Forex Traders having found themselves on the wrong side of the law when it comes to their obligations to the tax man, FX Magazine took on an assignment to investigate more regarding forex income taxations. Despite...
Watch Forex Trader Louis Jr. Tshakoane gave away $1000 USD in Cash
Son of Louis Tshakoane, former Kazier Chiefs and Bafana spokesman, Louis Jr Tshakoane has always been in the headlines. He is the president of Undercover Billionaires. Many people have accused him of fraud. This created a notorious image for the...
IC Markets apologized for miscommunication and confusion
Sydney - Following our report on Australian based brokerage firm IC Markets Australian Brokerage Giant IC Markets To Close Shop For Non- Australian Clients which sent a shockwave of panic to its members, the company has issued a statement clarifying...
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A retail forex trading platform, FX-Retail, was introduced by The Clearing Corporation of India under Reserve Bank of India (RBI)...
JOHANESSBURG - Exchange Control is a set of rules which allow countries to control the movement of money in and...
South Africa’s June Price Index (CPI) has released ZAR strong with the country’s inflammation rates. The inflammation rates reached 4.5...
JOHANNESBURG - After announcing the reduction in the repo rate on Thursday, South African reserve bank (SARB) governor Lesetja Kganyago’s...
JOHANNESBURG – South African economists are anticipating that the South African Reserve Bank (SARB) will cut its policy rate by...
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Uber’s Stock falls as Q2 result disappoints investors
Aug 10,
2019
The second-quarter results for Uber which were declared on Thursday, showed net losses amounting at $5.24 billion. The share prices of the ride providing company dropped by as much as 12 percent after this, before settling down to around 4...
Disney stocks drop as high costs result in an unexpected quarterly rep
The Q3 results of Disney were published on Tuesday and it failed the meet the expectations of the investors. The earnings indicate a drop of 28 percent from the last year’s figures. By the mid-Wednesday, the company’s stocks which were...
e-Trading Platform Introduced For Forex Traders
A retail forex trading platform, FX-Retail, was introduced by The Clearing Corporation of India under Reserve Bank of India (RBI) to improve transparency in market. The platform lets the traders deal at Market Retail Price (MRP) on internet without the...
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