File: Abalone and processing equipment worth about R10 million was seized during an unplanned inspection at a house in Mowbray, 2024. Fisheries Minister Dion George has set the total allowable abalone catch for this financial year at just over twelve tons. The drastic cut follows new scientific evidence showing abalone populations are at less than…
A PRASA Metrorail train is pictured at the Century City station in Cape Town on 05 October 2023. The Passenger Rail Agency of South Africa (PRASA) says the invite from the Transport Department to the private sector, to partner in the country’s rail revitalisation, is a major milestone. PRASA CEO Hishaam Emeran says there has…
Person holds SA money Cape Town-based non-profit organisation Inyathelo has welcomed the Financial Action Task Force’s (FAFT) decision to remove South Africa from its greylist. The NGO’s Acting Executive Director, Feryal Domingo, says the move is a major milestone that restores confidence in the country’s financial systems. RELATED VIDEO | SA finally exit FATF greylist…
President Cyril Ramaphosa signs the Visitors’ Book at the Official Residence at the 47th ASEAN Summit and the East Asian Summit. President Cyril Ramaphosa has wrapped up his visit in Malaysia where he also met leaders of different industries, with the aim of promoting South Africa as a reliable investment partner. The president also attended…
Mokopane, Tzaneen and Louis Trichardt, have become property hotspots The Limpopo province’s property market is the fastest growing in the country, followed by the Western Cape and Gauteng. According to Statistics South Africa, the value of residential properties in South Africa’s fourth largest province in terms of land area, rose by over 12% in May…
South African banknotes and coins illustrated on picture above. The rand is slightly firmer after the greenback declined against a basket of currencies. The removal of the country from a global financial crime watchdog’s list of countries under heightened scrutiny also helped the local currency. The Financial Action Task Force’s (FATF) decision to remove South…
The FATF is an intergovernmental organisation established in 1989 as the international watchdog to combat money laundering, terrorist financing, and other related threats. Political parties in Parliament have generally reacted positively to South Africa’s removal from the grey list. The Financial Action Task Force (FATF) removed South Africa from its grey list on Friday. This…
Chinese Vice Premier He Lifeng leaves the trade talks between the US and China, at Kuala Lumpur, Malaysia October 25, 2025. REUTERS/Hasnoor Hussain The second day of trade talks between the US and China was paving the way for a “productive meeting” between President Donald Trump and President Xi Jinping, Washington’s top trade envoy said…
FATF logo The African Christian Democratic Party (ACDP) says after the shocking allegations by KwaZulu-Natal Police Commissioner Lieutenant-General Nhlanhla Mkhwanazi, about corruption and the infiltration by criminal syndicates of the South African Police Service (SAPS), the news that South Africa is no longer on the Financial Action Task Force’s (FATF) greylist is a welcome relief….
File: A worker counts money Political analyst Levy Ndou says the Financial Action Task Force’s removal of South Africa from its greylist is positive news for the economy. The global financial crime watchdog announced the removal of South Africa from the list on Friday. The move followed the country’s meeting of all 22 action items…
