DStv Channel 403 Thursday, 28 November 2024

SA's economic trouble | Implications of being greylisted

JOHANNESBURG - The Financial Action Task Force is expected to decide on whether South Africa will be greylisted on Friday.

READ: SA’s economic troubles | Deadline looming on greylisting

The task force greylists countries that are seen as being unable to counter financial crimes like money laundering and terror financing.

Research done by Business Leadership South Africa found there is an 85 percent chance that the country will be listed.

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