
The rand’s long-term outlook may be changing
Improving domestic fundamentals, a potentially weaker US dollar, and lower inflation could mean the rand depreciates more slowly than investors have come to expect.

Improving domestic fundamentals, a potentially weaker US dollar, and lower inflation could mean the rand depreciates more slowly than investors have come to expect.

South Africa’s removal from the EU’s high-risk list eases regulatory friction, but economists caution that rebuilding investor confidence will be gradual.

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.