Entries by Office Admin

Exchange Control – An investors nightmare?

Essentially, Exchange Controls are limitations and rules imposed by governments on currency transactions. The intention is that these controls will create a way to stabilize economies by limiting and controlling how money flows in and out of a country, which left unchecked, would (this is the logic) detrimentally affect currency stability, and would create an unacceptable level of currency […]

Endorsement of non-resident share certificates

Introduction The Exchange Control Regulations of 1961 (“Regulations”) were promulgated in terms of the Currencies and Exchanges Act, 9 of 1933. This is to regulate the flow of funds into South Africa from external or foreign sources. As well as the outflow of funds from South African residents in South Africa to non-South African residents. […]

Shelley’s Best Lawyers Nomination!

Congratulations to our founder, Shelley Mackay-Davidson, for selection by her peers for inclusion in the 10th Edition of The Best Lawyers in South Africa, for her work in Corporate Law and Real Estate Law (for 4 years running!). Only the best at Brevity Law! https://www.bestlawyers.com/current-edition/south-africa