South African bank notes featuring images of former South African President Nelson Mandela are displayed next to the American dollar notes in this photo illustration in Johannesburg.South African bank notes featuring images of former South African President Nelson Mandela are displayed next to the American dollar notes in this photo illustration in Johannesburg.do not directly relate to the country’s financial sector.
In his letter to the nation, Ramaphosa says this means the financial stability and cost of doing business will not be seriously affected. Ramaphosa says the greylisting presents an opportunity for the country to tighten its controls and improve its response to organised crime such as money laundering.
Ramaphosa says the country has come a long way in developing world-class expertise, legislative reform and strengthening state institutions following the state capture era. He says the challenge is for authorities to anticipate criminal innovation and respond swiftly and effectively.
You have started to defend money laundering by president, just report the news and stop taking sides.
This RamaCupcake is a joke!
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