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South Africa: Liberalisation in the rules of foreign capital use

Description

On 27 October 2010, the South African Reserve Bank issued Exchange Control Circular No. 37/2010, which allowed qualifying international companies to raise and deploy capital offshore through South Af...

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Intervention Details

Intervention Type

Controls on credit operations

MAST Chapter

Capital control measures

Implementation date

01 Jan 2011

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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