Government tightening the screws on exchange controls

Ordinary citizens need to bare the brunt of the new and much more onerous, and impractical, foreign exchange requirements...

CORRIE KRUGER Kruger is an independent analyst
ENERGY


TAXPAYERS can no longer just send R10 million overseas per year on a no-questions-asked basis. Complicated application processes now await such requests for money to leave SA. In an unexpected move, the National Treasury introduced a new regime for...

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