President Cyril Ramaphosa has told members of the National Assembly that National Treasury is working hard to ensure that South Africa is removed from the Financial Action Task Force’s (FATF) greylist.
President Cyril Ramaphosa answering question in the National Assembly.
President Cyril Ramaphosa has told members of the National Assembly that National Treasury is working hard to ensure that South Africa is removed from the Financial Action Task Force’s greylist. He was responding to questions during his oral reply session in the Good Hope Chamber in Parliament. Ramaphosa saysThe FATF, which is an international watchdog on financial crimes, recently greylisted South Africa.
Some economists said the country had to do more to counter illegal activities like money laundering which led to the greylisting.“The issue of greylisting obviously is a great concerns to all of us as South Africans and our Treasury team works very hard to ensure that we reduce the number of concerns that have been raised and we were able to eliminate almost all of them; I think five, six or seven.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
No funds allocated for e-toll debt in Mamabolo's Gauteng budgetGauteng Finance MEC Jacob Mamabolo said that a memorandum of understanding between the provincial government, National Treasury and the South African National Roads Agency was still being drawn up.
Read more »
President Ramaphosa says South Africa will produce more skillsPresident Ramaphosa says South Africa will expand its vocational education and training system to produce the skills that the country needs.
Read more »
WATCH: Ramaphosa’s cabinet reshuffle under the microscopeBusiness Day TV spoke to Financial Mail's Depuy Editor, Natasha Marrian
Read more »
LIVE | Swearing-in of new cabinet ministers - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.New cabinet ministers are being sworn-in after President Cyril Ramaphosa reshuffled his cabinet on Monday.
Read more »