Understanding the impact of the doubled SDA for South Africans
African News Agency | 02.04.2026 16:41
The amount South Africans can send offshore without Sars clearance hasn’t budged since 2011. That’s about to change. On February 25, Finance Minister Enoch Godongwana announced that the Single Discretionary Allowance (SDA) will double from R1 million to R2 million per person, per calendar year. It’s the most significant overhaul of exchange control policy in nearly 15 years.
