Monthly John Wilson Archives: December 2017
The Foreign Exchange Act no. 12 of 2017 which abolishes the Exchange Control Act was brought into operation with effect from the 20th of November 2017.
The Foreign Exchange Act no. 12 of 2017 which abolishes the Exchange Control Act was brought into operation with effect from the 20th of November 2017. Regulations implementing the provisions of the Act have also been gazetted. The new Act liberalizes foreign exchange control to some degree although there still remain considerable restrictions on persons […]