Become more educated about
your finances | Foreign Exchange

Chris Paizis, Head of Client FX and International Banking at Absa CIB, outlines the options for corporate treasurers when the rand strengthens against the US dollar.

If one were to speak to African suppliers who trade across borders, many would say that doing business within the continent can feel riskier than exporting beyond it. Especially for small and medium-sized enterprises (SMEs), information on counterparties is not always easy to obtain, regional currencies can be volatile and difficult to hedge, forward markets offer little depth, and access to affordable finance is often limited at precisely the moment it is needed most.

The international high-yield bond market functions as one of the largest and most technically evolved sources of corporate funding in the global financial system.