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We are looking urgently for German speaking Call Center Agents for the wider area of Cape Town! The necessary Work Permit can be organised at the same time.

IBN Offshore

BVI Offshore Company (IBC)
The law on the British Virgin Islands is familiar to most lawyers who deal with offshore matters, like IBN Offshore.
Flexible legislation allows the operation of the company to be almost totally dependent on the requirements of the client
A BVI only takes three business days to incorporate and they are exempt from all taxes.

A wide-range of applications are possible, including: investment, property holding, financial management, trading and copyrighting and/or licensing. Unlike many other jurisdictions, there are no public disclosure requirements, nor any minimum capitalization regulations, nor any prohibitive license fees pertaining to trust and trustee companies for application in private-label trust company, unit and mutual fund situations like it is necessary e.g. for the PCC of Mauritius.

IBN Licences & Ratings

FSB
FSB Licence

iquad
BEE Rating

IBN Network

Hercules Jonker Tax Services
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News Highlight
19th Jan 2012

Interest Rate remains unchanged!

The South African Reserve Bank left its repo rate unchanged at 5.5% on Thursday as expected, with concerns about a slowing economy off-setting the pressures from inflation, which is likely to stay outside its target band for longer than previously expected.

At its first policy meeting of 2012, the bank raised its inflation forecast, saying it expected inflation to be outside its 3-6% target range throughout 2012, with the recent depreciation of the rand being the main ...[MORE]

>> IBN News-Archive

Exchange Rates

EUR: 10.03
USD: 7.62
GBP: 12.05
CHF: 8.32
AUD: 8.14
Click a graph to view the detailed version.
Rates are compliment of the ECB and will be updated once a day on weekdays only.

Date & Weather

Date: 04.02.2012
Time: 18:07

Capetown:

Temp.: 29 °C / 84 °F
Wind: S / 13 kn
Sunrise: 05:43
Sunset: 20:15

Johannesburg:

Temp.: 19 °C / 66 °F
Wind: VRB / 3 kn
Sunrise: 05:19
Sunset: 19:22
IBN News (25th Mar 2010): Surprise Rate Cut

News-Archive


Surprise Rate Cut - 25th Mar 2010

The rand softened in afternoon trade on Thursday following a decision by the South African Reserve Bank's Monetary Policy Committee (MPC) to reduce the repo rate by 50 basis points to 6.5%.

Reserve Bank Governor Gill Marcus said that while an appreciated rand exchange rate is a positive factor in the inflation outlook, an excessively strong exchange rate is a cause for concern from the perspective of overall macroeconomic balance.

The rate cut decision was somewhat of a surprise as consensus expectation in the marketplace had been for an unchanged repo rate, with only two of the 11 economists polled by I-Net Bridge expecting a cut of 50 basis points.

With this rate cut the prime lending rate in South Africa has dropped to 10%. In its wake the Rand softened slightly but recovered quickly.
Click here to view the complete News-Archive.