
SARB’s new exchange control rules draw criticism
The Institute for International Tax and Finance says the latest exchange control changes could discourage foreign investors and add red tape for non-residents.

The Institute for International Tax and Finance says the latest exchange control changes could discourage foreign investors and add red tape for non-residents.

Analysts say sustained capital inflows will depend on continued reform, enforcement, and the wider global backdrop.

Treasury’s proposed tax changes for investment funds may lead to trading distortions and reduced revenue, say industry experts.