Friday, October 3, 2014

Software Millionaire Mark Shuttleworth To Receive $22 Million Refund From South African Reserve Bank

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By Mfonobong Nsehe South African software multi-millionaire Mark Shuttleworth has reportedly been awarded R250 million ($22 million) – with interest, by South Africa’s Supeme Court of Appeal after taking on South Africa’s Reserve Bank, following a prolonged legal battle over an exchange control regulation that imposed a 10% exit levy on assets exported on emigration. …read more


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