Exchange U-turn to block full fund exit
Kuben Naidoo says that the objective is to create neutrality between debt and equity instruments
29 November 2020 - 00:19
The Treasury and the Reserve Bank withdrew a circular liberalising exchange control measures for JSE-listed companies when it was realised that the changes might have the unintended consequence of enabling pension funds to take all their assets offshore, the Reserve Bank revealed on Friday...
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