South African technology firms and other companies can now transfer intellectual property (IP) offshore thanks to a relaxation of exchange control regulations in this regard. One of challenges that private companies in South Africa have faced is their inability to tap into international venture capital markets, with the main obstacle being
Browsing: South African Reserve Bank
The South African Reserve Bank has introduced new security features on the Mandela bank notes, it said on Friday. “Enhancing features on banknotes is an ongoing process to maintain the highest level of quality and security,” Reserve Bank governor Gill Marcus said in a statement. “This is in line with international best practice
Billionaire entrepreneur Mark Shuttleworth’s bid to have South Africa’s exchange control system declared unconstitutional could have a devastating effect on the country, the South African Reserve Bank said on Tuesday. Jeremy Gauntlett SC, for the