It’s no surprise that the economic pressure facing Britain has taken its toll on the Pound. Ernst Janse van Rensburg, manager of 1st Contact’s expert Forex division predicted some months ago that the Pound would indeed weaken and the Rand would be set to strengthen, which certainly is now the case. Continue Reading

According to expert Forex consultancy, 1st Contact, a multitude of foreign exchange and money transfer companies are guilty of making false claims that lure unsuspecting consumers into misleading territory. These misleading claims have been seen in the advertisements of various Forex companies that promise ‘inter bank’ exchange rates to individuals that are simply impossible to secure. This has resulted in grave disappointment when the actual funds that clear into the individual’s bank account are less or different to what they had originally anticipated. Continue Reading

There is no doubt Britain has been a casualty in the current financial crisis with the weaker pound under immense pressure. While speculation is difficult and always risky for the analyst, expert Forex firm, 1st Contact’s Ernst van Rensburg says there are possible trends one can identify for the foreseeable future. Continue Reading

It does seem these days that we want everything now, or even yesterday.
So, why can’t we wait? Patience is a virtue, right? Okay, now try telling that to someone running late to meet a friend when their train has been delayed! The thing is, in the modern world where we live, gratification needs to be fast or better-still, immediate. That is the way things are set up. We want fast-food at our restaurant before we get hungry; give us broad-band, not dial-up or we fall asleep; quick service is not synonymous with poor service any longer; things are expected to be quick and accurate. Continue Reading

Despite the economic peril that has flooded the UK’s financial markets, and with Christmas festivities around the corner, expert financial services and migration group, 1st Contact, offers some tips and tricks to curb the bitter aftermath brought upon by a waning economy over the festive season. Continue Reading