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Exchange control limits to increase
by LawDotNews
Published 2009/11/04 12:00:00 AM (Viewed 659 times)

The Finance Minister has announced plans to relax exchange controls
 
Highlights are substantial increases in the foreign capital allowance for individuals (R2m to R4m), and in the offshore investment allowance for businesses (R50m to R500m), plus a range of measures to reduce the associated red tape.


 
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