The country was placed on the notorious list by the international anti-money laundering watchdog, for not having done enough to combat money laundering and the financing of terrorism.
CAPE TOWN - Finance Minister Enoch Godongwana said that South Africa had not yet felt any significant negative impact from being greylisted by the Financial Action Task Force in February.
Opposition parties have slammed government for not having enough political will to decisively deal with corruption."We have not seen any negative reaction by corresponding financial institutions to our institutions. What we largely have is a politicisation of the problem, rather than a focus on the resolution of the problem."
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