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Latest US sanctions against ISIS operates in SA impacts economy - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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The latest US sanctions against ISIS operatives based in SA impacts economy

The latest US sanctions against ISIS operatives based in South Africa according to analysts do not bode well for the local economy. The US Treasury announced the measurements against three ISIS operatives following the Isis Finance Group meeting.

This comes as the country endeavors to fulfill the outstanding requirement of the Financial Action Task Force, which led to South Africa being grey-listed. In February last year, South Africa was added to the Financial Action Task Force’s greylist for weaknesses in combating money laundering.

 

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