South Africa is off the grey list
South Africa has been removed from the grey list by the Paris-based Financial Action Task Force (FATF).
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South Africa has been removed from the grey list by the Paris-based Financial Action Task Force (FATF).
‘Lower inflation should mean structurally lower interest rates, and that’s helpful from the bond perspective, from a foreign investor point of view, and for people living in South Africa – these are good things that are happening’: Investec chief economist Annabel Bishop.
South Africa is expected to be removed from the Financial Action Task Force (FATF) grey list later this month, but new corruption revelations could derail that progress.
South Africa and Nigeria are poised to exit a global financial watchdog’s “grey list” as soon as next month, marking a change in fortune for two of the continent’s biggest economies.