EURZAR Long Dont be fooled with the gain on the FTSE\JSE top 40 2.67% gains came from the mining, coal, financial and industrial sector. but despite the small recovery south africa is a struggling powerhouse, that dose not utilize funds to develop the country. this is a long standing problem created by the government, which needs to change in the upcoming year, or south Africans we see the new Zimbabwe in the mist of the depreciating RAND. all regarding long term investment going against the ZAR.
not good to hold huge amounts of capital in south Africa, unless the investor is using a private hedge fund to made the money grow on different platforms from the traders.
