South Africa plans exchange control revamp to attract billions in investment
The Finance ministry’s proposals include raising discretionary offshore allowances for individuals, regulating crypto assets and easing capital-flow restrictions.
JSE headed for worst month in almost two decades
Johannesburg’s benchmark stock index is heading for its worst month in almost two decades, reeling from a double hit as the Iran war saps demand for emerging-market assets while plunging precious-metal prices weigh on the country’s miners.