Yup, the Rand took a beating last week, but doesn't that make it cheaper for foreign investors?
I'm South African and busy on my own startup. I was a PHP programmer for 6 years, now I'm just doing Python/ Django - and sometimes some PHP to pay the bills.
I'm in Pretoria and my co-founder is in Cape Town chasing down clients. I'm self taught.
Btw, Didn't you run the quake/2.co.za back in the day?
The weakening of the Rand will result in higher Rand revenues for the same amount of foreign currency. This is the exact reason why so many exporters have selfishly been calling for a weakening in the Rand. The idea is that the higher import costs won't increase the cost of living and doing business quite as much. So your startup must simply export its service / product to the rest of the world to take advantage of this.
I'm in Joburg. It would be good to stay in touch with like-minded individuals. My e-mail is on my profile.
Didn't run quake.co.za, but I used to hang out in #quake on irc all the time! Good old days
Yup, the Rand took a beating last week, but doesn't that make it cheaper for foreign investors?
I'm South African and busy on my own startup. I was a PHP programmer for 6 years, now I'm just doing Python/ Django - and sometimes some PHP to pay the bills.
I'm in Pretoria and my co-founder is in Cape Town chasing down clients. I'm self taught.
Btw, Didn't you run the quake/2.co.za back in the day?