
South Africa has officially been removed from the Financial Action Task Force (FATF) grey list, the global anti-money laundering and terror financing watchdog confirmed on Friday.
The move was widely expected. National Treasury and organised business welcomed the news.
Read: SA and Nigeria set to exit dirty-money list next month
“National Treasury congratulates all relevant government departments and government agencies on the success of their individual and collective efforts and acknowledges their commitment to ensuring that the country exits the FATF grey list,” it said in a statement.
“Following the…
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Great dynasties of history
Egypt: Ayyubid
South Africa: Zulu
China: Ming
Greece: Helena
Italy: Medici
U.S.: Duck
Nutmeg
Fun South African Fact: Mandela’s house on Vilakazi Street is now a museum. The man who the street was named after, Dr BW Vilakazi, was a poet, novelist and intellectual. He helped develop the written form of both isiZulu and siSwati and helped put together the isiZulu dictionary.