BizNews BizNews Radio

SA authorities back-pedal on easing exchange controls for ETFs - independent advisor unpicks the details, implications

Loading player...
Candice Paine, of PR Financial Services, unpacks the latest developments on exchange control regulations. Inward-listed Exchange Traded Funds and the controversial Regulation 28 are at the centre of this debate. A new circular allowed investors to diversify 100% offshore through ETFs - but this has been suspended. At stake are: how much money might flow out of SA; and consequences on the value of the rand. However some argue that many big companies have a material interest in continued exchange controls that require South Africans to invest in domestic assets. Learn more about your ad choices. Visit megaphone.fm/adchoices
24 Nov 2020 10AM English South Africa Investing · Business News

Other recent episodes

Warren Wheatley breaks his silence on his FSCA debarment

Three trades, R301 in total, and a 20-year ban from the financial sector. Warren Wheatley, the chartered accountant who helped put together the Capitec empowerment deal and went on to found Altvest, now Africa Bitcoin Corporation, broke his silence to Alec Hogg days after resigning as CEO. The FSCA says…
23 Sep 12PM 54 min

Brent Bozell on the US-South Africa breakdown

Six months after warning a Hermanus room full of business leaders that Washington's patience was wearing thin, US Ambassador Brent Bozell returned to BizNews to explain what happened next. Five asks, a 15-day deadline and a six-page reply that, in his words, answered none of them. The result: visa bans…
23 Sep 10AM 40 min

Mchunu, Mrs Matlala, Maumela, Mudzinganyama - and Meyer…

In their weekly chat, Chris Steyn and political commentator Solly Moeng talk about the second seizure of of electronic devices belonging to Special Leave Police Minister Senzo Mchunu; the arrest of tenderpreneur Cat Matlala’s wife, Tskanane; the rape case against suspended Deputy National Commissioner Shadrack Sibiya; the latest testimony at…
23 Sep 6AM 24 min

Ian Cameron: General Sibiya on charges of rape, sexual grooming, human trafficking…

In their latest interview, Chris Steyn and Ian Cameron, the Chairperson of Parliament's Portfolio Committee on Police, unpack a day of high drama with the court appearance this afternoon of suspended Deputy National Commissioner General Shadrack Sibiya who is now facing charges of rape, sexual grooming, and human trafficking. The…
22 Sep 1PM 10 min
All episodes