The net asset value of total South African investments in the SADC region, including portfolio and fixed investments, was almost R6bn. The investment flows to South Africa from other countries in the region are also fairly sizable. Based on net asset value, total investment from SADC countries in South Africa was valued at R7bn at the end of December 1997.
We are continuing to work closely with our colleagues in the Regulatory Authority, both in developing our joint work on stress testing, and in following-up on the results of the mortgage lending study undertaken last year.