The high court’s decision to declare certain sections of the Currency and Exchanges Act unconstitutional opens a door for a parliamentary review of the country’s “antiquated” exchange control system, the Democratic Alliance said on Sunday. DA MP Tim
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Billionaire entrepreneur Mark Shuttleworth’s bid to have South Africa’s entire exchange control system declared unconstitutional has failed. The high court in Pretoria on Thursday dismissed Shuttleworth’s application to strike down the whole of section 9 of the Currency and Exchange Act and all of the Exchange