South Africa and global insurance, financial institutions, banking and general law know–how
In the February 2020 Budget, the Minister of Finance, Tito Mboweni stated that the current exchange control regulations will be replaced with new less stringent regulations. On 28 October 2020, it was announced that the government will be pursuing steps to promote investment into South Africa. The following measures were announced:
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South Africa’s Finance Minister Tito Mboweni delivered a supplementary budget on Wednesday 24 June 2020, highlighting that business confidence will remain near historic lows, with investment and employment remaining constrained.
This emergency budget comes only four months after the National Budget which has been left defunct in the wake of COVID-19 and a three-month lockdown…
