A Hospitable Habitat

At the time of writing, South Africa's Treasury was finalising its Tax Amendment Bill which it is hoped will make vital improvements to the country's tax treatment of foreign funds. With high-return investments in emerging markets in the East and South America proving increasingly scarce, Africa is becoming a popular destination for international capital. The continent remains dark for many foreign investors and perhaps moreso than in any other region, investors need expert investment managers to assist them in deploying their cash.

Given the dominance of the South African economy, the country is the most likely destination for African capital. Also, with South Africans having proven adept at managing investments elsewhere in Africa, local skills are sought after by investors targeting the rest of Africa.