Exchange Control Circular No. 4/2023
Flowing from representations made, the following amendments to the Currency and Exchanges Manual for Authorised Dealers (Authorised Dealer Manual) are outlined: Section B.2(C)(i)(b) The subsection has been amended as follows (b) Foreign currency denominated facilities may be extended by Authorised Dealers to South African companies for the financing of approved foreign direct investments. In instances […]
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