[LISTEN] The trick will be for SA to make known the interventions we're putting in place to address this issue. Then hopefully the international community...looks at us in a different light: BLSA_Official's BusiMavuso2 Greylisting FAFT podcast
Let’s get to the big business story right now, and that is the potential greylisting of South Africa’s economy. It is interesting to see that the race to prevent that eventuality from happening is featuring quite a lot of finger-pointing at this stage [as to] whose fault it is that the country is in quite the fix it is right now.
To explain to someone at home who is not in finance and is wondering what this greylisting is and, I think more importantly, how this greylisting is going to impact me, how it is going to change the price of bread for instance, can you just unpack the potential economic consequences for ordinary South Africans, and even the economy should this happen?
So for the members of Business Leadership South Africa what’s the message? What are they saying about preparing themselves for a situation in which we don’t do everything that we can do to be placed on the watch list, and we actually get placed on the actual grey list? Are they putting in place any contingency measures right now?
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