Finance Minister Enoch Godongwana says SA will "swiftly and effectively" work to address the FATF's eight-point plan.downgraded
SA's sovereign debt to junk, the country has received another stinging rebuke from the international finance system. On Friday, the Financial Action Task Force , an intergovernmental body that sets global standards to combat money laundering and terrorist financing, greylisted SA. The FATF's decision will increase SA's risk profile as an investment destination, placing the country in the company of war-torn nations such as Syria and Yemen.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
_Business Imagine high inflation while we are still struggling this much ,yoooh ha.a guys 😭😭
_Business The whole cabinet should resign. Tired of slaap tigers
_Business A political party which can’t manage its finances is the same political party that’s managing the country’s finances. What do U expect?
_Business Really think the ruling party actualy give a shit. No they have all the money.
_Business the cANCer proudly steering us into sanctions
_Business America and the West experience terrorist attacks all them, this is propaganda cause we don't support thier position on Ukraine and Russia War
_Business Naledi Pandor has told the government long time . when she was minister of home affair
_Business There is no blunder, only incompetence. anc has no shame. Everyone of you should resign and accept that you are not capable of running a country ANCParliament
_Business Kaka yomntu
_Business Mxm!!!
_Business And you want me vote for crooks
_Business We couldn't even avoid graylisting, that's how bad our finances are😢 in S.A...
_Business I blame Andre De Ruyter. LOL.
_Business Why do they keep employing fools as finance ministers. We have so many intelligent individuals of all races in our work force. How come none of them are ever employed into these top positions.
_Business Yet the ppl of SA still vote this ANC/EFF in! Reap what you sow and enjoy the pile of crap YOU keep voting in
_Business A blunder my ass..... The Government have been warned since August 2022 if they don't take action this will happen......
_Business Deservingly country
_Business Hahahahahahah ah! Hmmm right
_Business when anc came into power they remove soldiers who where patrolling our borders 24/7. now our country is a dumping sites for all sorts criminal gangs from all over the world. this criminal syndicate are now running a parallel government & operating in every sector of our economy.
_Business One problem after the other problem etc. clearly those in power is the source the root and the cause and effect of all these problems. Is there some way we can have an early election 🗳️ cause we need new leadership. The country is a reflection of the current leadership
SAcrimefighters _Business I wonder who is 'economical' with the truth now?
_Business Die blok raak nou benout.....?
_Business Interest, control and possession - these three elements combine to produce outcomes. It seems ANC is blind to their inability to bring about outcomes that have a future.
_Business Sies man.
_Business Purely because of black excellence and the fact that BLACK South Africans rather hold onto hatred of the past and have their country run by a bunch of criminals while they sit without jobs, food and power. Than vote for anyone else. Sad truth.
_Business
_Business No surprise here. The main culprits with money laundering keep getting voted into power.
_Business Where are the bribed ANCParliament bastards protecting a corrupt money laundering kidnapper caught with laundered $4m under couches while his BEE benefactors Glencore are charged for laundering millions in US$ for bribes and others smuggle gold and diamond from Africa daily
_Business All because of the Phala Phala Scandal
_Business MYANC is a money laundering business. There is no way that the world should expect them to fix this. They need the money from shady deals to survive. All money flowing from China/Russia to ANC should be investigated by all.
_Business CRP and the minister of finance must answer for there non conformance regarding this matter. CRP, how long will it take for you to distroy this beautiful country.
_Business Nothing to do with Anti-Money laundering & Terrorist financing All to do with RSA’s stance on Russia & Palestine
_Business Weak controls, checks and balances will cause those with narrow reasoning and xenophobic and afrophobic views and tendencies feel vindicated.
_Business Yes. This ruling party has been so confused about where it sits on this planet. Like a confused partner. Global powers will keep squeezing. These 🤡🤡🤡🤡fools sign up to agreements they know very well will come back to bite them.
_Business How many useful minister or mp do we have ?in this country please 🙏🏿 DenzilTaylor
SAcrimefighters _Business We have such a fantastic government..... They are helping us to hell very fast.
_Business Deep down I feel like this has nothing to do with Financial imperatives but 🇷🇺 Russia..!!
_Business POTUS we get greylisted but they all sponsor wat against the Russians. Hypocrisy
_Business This is, a really annoying problem to have and avoidable.
_Business Another incredible achievement brought to us by the ever-reliable MYANC!!! South Africans MUST vote these parasites out if we are ever to fully recover as a nation. Corruption and embarrassment is all they have to offer! Get them out!!!!!!!!
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