IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: No inception date

Controls on commercial transactions and investment instruments

Among measures proposed are: 1. Removal of various restrictions on rand conversion of export proceeds and advance payments for imports. 2. Increases in the rand thresholds applicable to outward investments by South African companies. The Reserve Bank of South Africa will come out with further details on the above measures.

Regarding regional economic integration, the Ministry of Finance stipulates the following measures: 1. Relaxation of approvals required for investing in Southern African Development Community (SADC) countries to promote regional integration. 2. Review of the current exchange control regulatory framework for approving inward investment.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.