Focus needs to be sharply on the 15% chance of SA avoiding it
Much of the media focus after Business Leadership SA issued its report on greylisting last week has been on the 85% chance of SA being placed on the list by the Financial Action Task Force , the international watchdog for money laundering and the financing of terrorism.
Rightly so, but more focus needs to be on the 15% chance of us avoiding it. That’s a fighting chance, and with our economy teetering and fears of a global recession rising, we need to do everything we can to prevent it from weakening further...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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