Finance Minister Enoch Godongwana is ramping up efforts to coordinate the nation’s response to get off the grey list.
South Africa is intensifying its work to address shortcomings in tackling illicit financial flows so that it can exit a global dirty money list, a top official at the nation’s financial regulator said.
“I think we’ve gotten that and in fact, the finance minister has over the past few months actually increased the impetus in getting more ministers together to demonstrate the will,” she said. The move followed an era of endemic government corruption — known as state capture — that started under former President Jacob Zuma and gripped the country for years.
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