Foreign exchange system modernisation
Modernise forex system for trade and investment to align with OECD code of liberalisation.

No data available for the deliverable: Modernise forex system for trade and investment to align with OECD code of liberalisation.

Summary

Modernising South Africa's foreign exchange controls involves phased liberalisation of forex regulations, regulatory updates and alignment with the OECD code and AfCFTA requirements.

Canvas not supported.

Is it working?

The reform is advancing, with incremental improvements and strong alignment with global trends. Full liberalisation is expected after 2026, as regional integration deepens.

Actions

The system is becoming more flexible and transparent, supporting trade and investment, though full liberalisation is still in progress.

Are there plans?

Regulatory changes are being implemented incrementally, with new reporting requirements and stakeholder engagement.

Is it on the agenda?

Forex modernisation is an ongoing SARB and Treasury agenda item, with regular updates and consultations.

Goals

To modernise foreign exchange controls, facilitate trade and investment and align with international standards.

Summary

Modernising South Africa's foreign exchange controls involves phased liberalisation of forex regulations, regulatory updates and alignment with the OECD code and AfCFTA requirements.

Canvas not supported.

Is it working?

The reform is advancing, with incremental improvements and strong alignment with global trends. Full liberalisation is expected after 2026, as regional integration deepens.

Actions

The system is becoming more flexible and transparent, supporting trade and investment, though full liberalisation is still in progress.

Are there plans?

Regulatory changes are being implemented incrementally, with new reporting requirements and stakeholder engagement.

Is it on the agenda?

Forex modernisation is an ongoing SARB and Treasury agenda item, with regular updates and consultations.

Goals

To modernise foreign exchange controls, facilitate trade and investment and align with international standards.

No data available for the deliverable: Modernise forex system for trade and investment to align with OECD code of liberalisation.

No data available for the deliverable: Modernise forex system for trade and investment to align with OECD code of liberalisation.

No data available for the deliverable: Modernise forex system for trade and investment to align with OECD code of liberalisation.

No data available for the deliverable: Modernise forex system for trade and investment to align with OECD code of liberalisation.

Analyst: Tinashe Kambadza
Status: In progress
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