·24 Oct 2025
South Africa has been taken off a global watchdog’s dirty-money list, providing a boost for increased foreign investment in Africa’s largest economy.
The Paris-based Financial Action Task Force said on Friday that South Africa, along with Nigeria, Mozambique, and Burkina Faso, is no longer on the list of jurisdictions subject to increased monitoring.
This comes after the affected governments stepped up efforts to combat money laundering and terrorist financing.
The yield on the South African benchmark 10-year bond fell 4 basis points to…
Unemployment: The country has a relatively high unemployment rate, particularly
among youth, leading to social and economic challenges.
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