capital flightlatest news & developments
Starting a formal business in South Africa is arduous, time-consuming, and expensive. (File photo)

Red tape and capital flight: Bureaucracy undermines SA’s economic future

Practical economic strategies are needed to change the regulations that hobble entrepreneurship and result in funds leaving the country

  • Des Erasmus
5 min read
Go well: David Masondo, the deputy finance minister, says the treasury will look into why firms such as Shell are pulling out of South Africa.

David Masondo bullish on capital flight

The deputy finance minister also says liberalising the energy sector is key to growing the economy

  • Eyaaz
7 min read