SA says to relax exchange controls further

South Africa's Treasury said yesterday it would relax exchange controls further, with individuals being allowed to take more money abroad in the latest government attempt to weaken the rand.

At a briefing, central bank Governor Gill Marcus said she would give details next week, but could not estimate how much money would leave South Africa due to the easing of controls.

"The question of the amount that would flow out depends on what people want to do. By the end of next week circulars will go out," she said.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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