Intellidex’s development finance research manager Nxalati Baloyi joined Kaya FM’s Gugu Mphuthi on KayaBiz this week to discuss South Africa’s pending greylist status.

“Grey listing triggers a probation in supervision requirements, there is also increased scrutiny by our partner countries and also scrutiny by any listed organisation such as the international financial institutions and banking systems. This will also have a negative impact on our reputation,” says Nxalati Baloyi.

Listen here for more.

Read the FATF report here.