“It’s not at all clear that any of this activity happened in South Africa,” says Intellidex chairman Stuart Theobald on the Standard Chartered Bank New York rand manipulation case. More on Bruce Whitfield’s The Money Show.
Gains from improved collection by new management at the SA Revenue Service will be offset by emigration and lower growth than forecast. There are no gains to be had from higher taxes — they will... read more
Intellidex is a leading research and consulting firm that specialises in capital markets and financial services in Africa.