Dom and dusted – the end of the road for non-dom status
27 November 2024
What the new UK tax changes mean for non-domiciled South Africans or those with tax connections in the UK.
4 min read
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Our history
Founded as a small finance company in Johannesburg, South Africa, in 1974, Investec has grown strategically into an international organisation.
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A focus on outstanding talent
We sponsor a range of international sport, art, and cultural initiatives in South Africa and the United Kingdom.
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At Investec, we see more than a CV, more than a qualification. We see the qualities that define the individual.
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Investec's purpose and values
Our purpose is to create enduring worth
We are further driven by a commitment to our core values:
Integrity, trust, deep relationships
Deep client relationships, built on trust and Out of the Ordinary service, are the bedrock of our business. We uphold cast-iron integrity in all our dealings, consistently displaying moral strength.
Distinctive performance
We seek creative, talented people with passion, energy, and stamina who collaborate unselfishly. We thrive on challenge, and challenge the status quo with courage, constantly innovating and adapting to an evolving world.
Client focus
We offer client service, not customer support – and create strategies and services designed around your needs and goals, not ours. We believe in open and honest dialogue to test decisions, seek consensus, and accept responsibility.
Entrepreneurial spirit
We trust our people to exercise their judgment, promoting entrepreneurial flair and freedom to operate with risk consciousness and unwavering adherence to our values.
Inclusion and diversity
We pursue diversity and strive to create and environment in which everyone can bring their whole selves. We show care for people, support our colleagues, and respect the dignity and worth of the individual.
Social impact
We are committed to living in society, not off it, contributing meaningfully to the communities in which we operate. We embrace our responsibility to the environment and the well-being of our planet.
Corporate Structure
Investec has a Dual Listed Companies (DLC) structure
In November 2001, we received permission from the Minister of Finance and the South African Reserve Bank to establish a Dual Listed Companies (DLC) structure with linked companies listed in London and Johannesburg.
Three years in top 100 sustainable companies
For a third consecutive year, Investec has been recognised as one of the world’s most sustainable companies in the 2025 Corporate Knights Global 100 rankings.
Development of a deposit insurance scheme for SA
What is Deposit Insurance?
The Corporation for Deposit Insurance (CODI) became a legal entity on 24 March 2023. CODI is a subsidiary of the South African Reserve Bank and the country's deposit insurance scheme. Until now, South Africa didn't have an explicit deposit insurance scheme, forcing Government to use taxpayers' money to compensate depositors or bail out a failing bank.
CODI will be funded by all banks, including commercial, mutual and corporative banks, as well as local branches of foreign banks that, by law, are members of CODI. This includes Investec Bank.
CODI came into effect in April 2024. Click here for more information, or download the CODI handbook.
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