SA anxiously awaits decision on whether it's to be greylisted - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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South Africa will find out later today whether it’s to be greylisted by international finance watchdog, the Financial Action Task Force.

The body had previously found that South Africa scored poorly when it came to having rigorous laws relating to anti-money laundering and the countering of financing terrorism.

CEO of Botswana Stock Exchange, Thapelo Tsheole, shares their country experience of what South Africa could expect if it should experience the same fate. Director-General of National Treasury Ismail Momoniat says the country should be prepared for the possibility of being greylisted.

 

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It's already done, along with Nigeria, and Russia has been expelled.

They can't afford to do it. This will further push a pro China direction. Corruption is there, must be dealt with harshly but this body is hardly bastion of good goverance in reality

I wonder if the ordinary citizen knows or even care about that

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Look what the ANC has done to SA. The greedy and corrupt.

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