Anglo American is able to start using $5.6bn (R84.2bn) that was tied up in SA by unpopular regulations as the country starts moving towards a more modern and investor-friendly regime to allow the easier transfer of cash to other countries.

Anglo has historically been unable to fully tap into this enormous pool of money for international growth projects because of exchange controls and the tight restrictions around moving money offshore...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.