greylisting

As an investment community we seem to have moved on from our greylisting status, so I spoke with Bianca Botes from Citadel Global for an update. I asked about its impact and what government is doing to get us off the list. Certainly, we…

South Africa has put new laws in place to address the Financial Action Task Force’s (FATF) concerns, and those relating to beneficial ownership will have a significant impact on financial institutions and companies. In February 2023, the…

Increasing interest rates have slowed buyer activity as prices of medical commercial real estate remained firm over the last two quarters, but that is changing in 2023. Cap rates are moving slowly upwards as sellers are forced to accept…

 You can also listen to this podcast on iono.fm here. SIMON BROWN: I’m chatting now with Sean Sanders from Revix. Sean, I appreciate the early morning. I want to talk about Cathie Wood and her $1.48 million Bitcoin target. Before we do,…

Last week, South Africa was put on a ‘grey list’ by the Financial Action Task Force (FATF) for falling short of certain international standards for the combating of money laundering and other serious financial crimes. The FATF is a global…

The Financial Action Task Force (FATF) placed South Africa on its grey list on Friday. It was almost inevitable. The global anti-money laundering watchdog first warned the country of this possibility four years ago, in 2019, saying that…

Winston Churchill’s famous quote about never letting a good crisis go to waste has been overused and risks becoming a cliché. That’s unfortunate because it holds an empirical truth that the strongest organisations emerge from crises…

 SIMON BROWN: I’m chatting with Rhandzo Mukansi, portfolio manager at Futuregrowth. Rhandzo, I appreciate the time today. I think it’s fair to say that from the monetary policy perspective hawks pretty much ruled the roost last year.…

Two major pieces of legislation that may see South Africa avoid being greylisted by the Financial Action Task Force (FATF) have been passed by both houses of parliament. The General Laws (Anti-Money Laundering and Combating Terrorism…

South Africa’s financial system is being overhauled to address weaknesses that have placed it at risk of being included on a global watchdog’s list of nations subject to greater oversight due to their shortcomings in tackling illicit…