Africa Matters

How to Start Forex Trading in South Africa

Edited by Charles Muchoki | Africa Guardian Forex trading, or foreign exchange trading, has become an increasingly popular way to potentially grow investments by buying and selling currencies. With a rising interest in global financial markets among South Africans, many are eager to explore forex trading. This guide provides a step-by-step approach to help you get started with forex…

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Why parallel forex market thrives in Nigeria, by World Bank

The World Bank has blamed the re-emergence of parallel currency exchange market in Nigeria on resistance toward the increasing pressure on the naira and the limited supply of forex at the official window. The Bank, in a report released on Wednesday in Washington DC, said the premium between the parallel exchange rate and the official rate widened from March…

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