The goal of this project is to develop a deeper understanding of the financial markets in a foreign country. As you discuss the main characteristics, compare and contrast the financial system of South Africa with what we have in the United States. Start your paper by providing a short historical development of the financial markets in the South Africa (limit to no more than two pages). You should explore and discuss, at a minimum, the following financial markets and institutions:
1. Central Bank
2. Money Market
3. Bond Market
4. Commercial Banks
5. Mortgage Market
6. Equity Market
7. Investment Banks
8. Foreign Exchange Market