Prime location: (Left to right) Gillian O’Shaughnessy, former National Sales and Marketing Manager, Darren Jenkins-Ferrett, Travelex Retail Managing Director, and Andrew Stainforth, Gauteng Regional Manager, about to hand in the Travelex Retail tender at OR Tambo International Airport in November last year. After a fiercely contested tender between the big four banks and the major specialised […]

NEW brand ambassador: (Left to right) Sean Maloney, Travelex Retail and FX Africa Chairperson, Lee Savage, Western Cape Regional Manager, Schalk Burger, rugby player and Travelex Retail brand ambassador, and Darren Jenkins-Ferrett, Managing Director. Travelex Retail has chosen Springbok and Stormers rugby player Schalk Burger to be its “brand ambassador” in South Africa. Burger joined […]

To the surprise of many, South African Finance Minister Trevor Manuel and the South African Reserve Bank relaxed their hold on exchange controls in the annual Budget Speech in February 2008. Previously, South Africans who travelled out of the country were entitled to the following allowances: R160 000 per individual (12 years and older) per annum. R50 […]

SHORT TERM (THREE MONTHS): The rand saw some weakness when the South African Reserve Bank (SARB) left interest rates unchanged at its January Monetary Policy Committee meeting, which was intensified by the president’s State of the Nation Address being negatively perceived by the financial markets, and the knee-jerk reaction to the announcement of exchange control […]

Sydney, Australia’s largest city. This month, we focus on Sydney, Australia’s largest and best-known city. Sydney is a dynamic, pulsating, multicultural centre that was established in 1788 by the British, and is now home to about 4.3 million people. In many ways, this booming, exciting, modern city is symbolic of a country that has enjoyed more than […]

GIVING IT HIS ALL: FX Africa Managing Director Darren Jenkins-Ferrett said FX Africa will ‘‘eat, sleep and breathe’’ the Travelex brand. Travelex, the world’s dominant player in foreign exchange, and FX Africa, an up-and-coming leader in the Southern African market, celebrated their new partnership at a gala dinner for business partners and clients in Johannesburg […]

FX Africa Founder and Chairman Sean Maloney Local foreign exchange retailer FX Africa and global forex giant Travelex have announced a new partnership that will see FX Africa becoming the retail representative for Travelex in South Africa with immediate effect. Travelex wanted a local operator to work with so that their worldwide […]

Paul Swainson, Travelex Director for Africa Travelex is the world’s biggest foreign exchange company, serving a customer somewhere in the world every three seconds. Now this will include customers from South Africa for the very first time. Paul Swainson, Travelex Director for Africa, says, “Travelex has been keen to enter the Southern African retail market […]

Managing Director of FX Africa Foreign Exchange, Darren Jenkins-Ferrett The transformation of FX Africa into the Travelex Retail Foreign Exchange brand in South Africa is about so much more than just changing the sign above the door, says Darren Jenkins-Ferrett, Managing Director of FX Africa Foreign Exchange. “It’s a complete mindset change from […]

Lloyd Dorfman, Founder and Chairman of the Travelex Group Lloyd Dorfman is Founder and Chairman of the Travelex Group. Having briefly sampled the bar and investment banking, he started his own currency exchange business in 1976 from one small shop in central London. Following the £440m acquisition of Thomas Cook’s Global & Financial Services business in […]