ON THE MONEY
STUART THEOBALD: Forced investment through regulatory fiat could backfire
29 January 2024 - 05:00
SA’s savings are heavily invested outside the country, and some think that’s a bad thing. But not so, as it’s an important source of economic resilience and should be celebrated.
Whether it is through a pension fund, insurance policy or even stockbroking account, SA investors inevitably have significant offshore exposure. Thanks to years of international expansion, companies listed on the JSE often have a substantial portion of foreign earnings...
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