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Reserve Bank’s R6bn Seizure from Steinhoff Part of Wider Clampdown

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Rob Rose, Editor and author of "Steinheist," joins Motheo Khoaripe to discuss the South African Reserve Bank’s broader clampdown, including the seizure of Steinhoff’s R6 billion. Over the past five years, the Reserve Bank has issued more than 300 forfeiture orders to various individuals and entities for violations of South Africa’s exchange control regulations, netting the fiscus billions of rand.

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