Since the introduction of democracy in 1994, the gradual relaxation of exchange controls in South Africa has opened up new investment opportunities for South African investors. They now have access to a broader range of asset classes and equities on the global market. This has led to diversification, risk reduction, and hedging possibilities. Prior to 1994, individuals and businesses in South Africa faced significant limitations when it came to investing in foreign stock exchanges and markets.
What are the financial markets?
Financial markets involve transactions in which money is…