The U.S. emphasizes the need to address corruption in South Africa, particularly regarding AGOA reauthorization. South Africa's electricity minister anticipates improved electricity supply by the end of 2024. The country aims to be removed from a global regulator's 'grey list' in 2025, as stated by the central bank governor. US officials urge South Africa to combat corruption and political will issues, with a focus on boosting job opportunities.
"Corruption has been an ongoing challenge in South Africa, which was added to the 'grey list' of countries under special scrutiny by the international financial crime watchdog, the Financial Action Task Force (FATF), last year." https://t.co/BqyhHLhk7L
US Treasury's No. 2 urges South Africa to boost fight against corruption https://t.co/zlLWBVz2no https://t.co/FiAxfqQbJ3
South Africa should escape an influential global watchdog’s dirty-money monitoring list early next year, the head of the country’s central bank says https://t.co/Hv5zRSzB5K via @markets @adengat
US Deputy Treasury General says South Africa's power crisis is a problem of political will https://t.co/wVH8MC7rxm
⚠️ US TREASURY'S NO. 2 URGES SOUTH AFRICA TO BOOST FIGHT AGAINST CORRUPTION Full Story → https://t.co/SdC5Fsf4iJ U.S. Deputy Treasury Secretary Wally Adeyemo on Wednesday urged South Africa to step up its battle against corruption, saying that work could help boost job… https://t.co/eio3ubAkVH
South Africa should escape an influential global watchdog’s dirty-money monitoring list early next year, the head of the country’s central bank says https://t.co/q0JBFdSLnZ
South Africa should get off global regulator's 'grey list' in 2025, says central bank governor https://t.co/nfs9NqCTRD https://t.co/03qq5o90cS
South Africa's electricity minister says an anticipated improvement in electricity supply should see him out of a job by the end of 2024 https://t.co/5gryQGE9CN
The U.S. cannot continue to simply look the other way when it comes to corruption in South Africa. As we consider AGOA reauthorization, it’s important that we take steps to ensure the program’s eligibility requirements are actually enforced. https://t.co/g5yKWXjTyl