The draft General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill is currently available for written comment. National Treasury (NT) published the bill in mid-December 2024. Submissions in writing must be received by no later than 6 February 2025. ”The publication of the draft Amendment Bill aims to demonstrate South Africa’s commitment to strengthening Read more >
CORRUPTION NEWS
Image: International Monetary Fund Illicit financial flows (IFFs) have been, and continue to be, a huge problem for developing countries, especially. They hinder countries’ ability to meet the UN sustainable development goals, because they undermine the fiscal systems which are in place to collect government revenue, and reduce the amount of funds available for development Read more >
CORRUPTION NEWS
South Africa currently holds the G20 presidency, in a first for the African continent. Its term runs from 1 December 2024 to 30 November 2025 – coming to an end just five years before the deadline of the UN’s 2030 agenda for sustainable development, which encompasses the 17 sustainable development goals (SDGs). The country has Read more >