This week, the South African Reserve Bank announced a relaxation of the rules relating to loop structures – which involve investments through foreign structures that in turn own assets in South Africa, eSwatini, Namibia and Lesotho. These structures are attractive to South African entrepreneurs looking for foreign investors. In this interview, Robyn Berger – a partner at law firm Bowmans – dissects the details for the BizNews community. – Jackie Cameron
South Africa: Exchange controls relaxed for loop structures
The long-awaited relaxation of the rules relating to ‘loop structures‘ has finally been announced and most South African residents may now invest in these structures.