Intellidex Chairman joins Bruce Whitfield on The Money Show to discuss what greylisting is and why it matters.

“[Greylisting] means that South Africa will be subject to increased monitoring by counterparts across the world. Which means an additional level of due diligence is applied to any South African counterpart when doing business with them. Largely in the financial system when banks are dealing with South Africa clients or other banks. There is a new layer precaution that obviously implies additional costs,” says Dr Stuart Theobald.

Listen to the clip below