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About VFS The VFS Advantage Code of practice
The VFS Group was established in 1995 as an independent network of intermediaries. Since then, we have expanded operations into many countries across the world, with the establishment of VFS International Limited in Mauritius in 2003.
We believe that our clients deserve the comfort and security of knowing that our services are fully regulated by the relevant statutory bodies and that product providers are all major, well-established institutions, specifically chosen for their ability to understand and meet the needs of international investors with success and innovation.
VFS and its advisers will make every endeavour to understand your personal situation in order to tailor-make a solution to meet your specific needs.
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VFS International's Social Responsibilities...


One of the factors that sets VFS International apart from our competitors is that our brokers live and work amongst our clients. As nearly all of us are long-term residents in Africa, we understand the importance of giving something back to the wonderful communities that we live in.



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Guinness Global Energy Fund: Oil Price Update November 2014

October was an additional month of front month crude oil price weakness combined with poor energy equity performance. Both WTI and Brent crude oil prices have fallen below our stated expectation range of $90-$110 per barrel and, at time of writing, both blends are at 4yr low levels. We read and hear many reasons as to why oil prices have been so weak and we note the key ones being "Demand growth expectations, especially Europe and China, have been cut" and "US onshore oil production is growing rapidly" and we note particular focus on "Saudi cutting Official Selling Prices (OSPs)" as well as "Saudi is not cutting supply but targeting a market share strategy". We are surprised that Saudi has not reacted faster to the increase in Libyan oil production but are still comfortable that Saudi, Kuwait and the UAE will reduce their production back towards their implied quota levels and that the market will start to rebalance.

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BBC News        Source - BBC News - © 2014 BBC

BBC News - Business

Philippines economy slows sharply

Growth in the Philippine economy slowed sharply in the third quarter due to weaker growth in all sectors, the government announces.

VIDEO: Oil market braces for Opec decision

Leading oil exporting countries are meeting on Thursday to decide whether to cut production - a decision that generally has a big impact on the oil prices in Asian giants like India.

Russian oil industry facing deep freeze

Oil production in Russia is hard and getting harder

Japan's shares fall against trend

Asian shares traded mixed on Thursday as investors hoped for more stimulus by central banks around the world to boost economies.
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