South Africa's Exchange Control Practices: A Barclays National Bank Business Guide |
From inside the book
Results 1-3 of 14
Page 2
... abroad , to make “ direct ” investments outside of South Africa . The prior appro- val of the Exchange Control authorities is required for each such investment and in this regard the authorities need to be apprised of the potential of ...
... abroad , to make “ direct ” investments outside of South Africa . The prior appro- val of the Exchange Control authorities is required for each such investment and in this regard the authorities need to be apprised of the potential of ...
Page 16
... abroad by South Africans is prohibited , unless express Reserve Bank permission to hold those assets is obtained . Facilities do exist , how- ever , for South African companies involved in the production of goods and services and ...
... abroad by South Africans is prohibited , unless express Reserve Bank permission to hold those assets is obtained . Facilities do exist , how- ever , for South African companies involved in the production of goods and services and ...
Page 19
... abroad either before or after my / our arrival in South Africa . I / We also understand that whereas I / we may purchase any value of South African shares I / we shall be permitted on application to my / our South African bankers , the ...
... abroad either before or after my / our arrival in South Africa . I / We also understand that whereas I / we may purchase any value of South African shares I / we shall be permitted on application to my / our South African bankers , the ...
Common terms and phrases
25 per cent abroad African Reserve Bank amount application arrival in South authorised dealer BARCLAYS NATIONAL BANK blocked assets borrowings Botswana cash funds date of arrival Department of Trade dividends emigrant's emigration from South Exchange Control approval Exchange Control authorities Exchange Control purposes Exchange Control Regulations exemption export facilities finance foreign assets foreign investor foreign national temporarily HOOVER INSTITUTION I/We understand income International Investors Pty International Limited investment issued share capital JIM JONES Johannesburg Stock Exchange leasing liability licensed product loan funds long-term liability manufacturing ment my/our arrival national temporarily resident normal banking channels OVERDRAFT parent company percentage period permitted PRETORIA prior Exchange Control Republic resident in South respect settling-in allowance share capital shareholders South Africa South African companies South African Reserve South African resident South West Africa submitted subsidiary trade credit transferred to South United Kingdom voting securities