Country confident of shift by global financial crime watchdog after prosecutions blitz, says central bank governor ...

Welcome to our live blog covering the latest from across Africa. Follow real-time updates on political transitions, security ...

The FATF grey listed SA in February 2023 due to its failure to combat illicit financial flows and terrorist funding.

South Africa has completed all intergovernmental organisation Financial Action Task Force (FATF) requirements and is on track ...

Kotak Mahindra Bank branch manager looted Rs 31 crore of public money to gamble via gaming apps from South Africa and ...

With South Africa being placed on the FATF greylist in 2023, there has been a rise in major financial service providers ...

The Reserve Bank has simulated disaster scenarios aimed at keeping the financial system functioning in a crisis.

It was conceived of as part of a project to examine the incidence of money laundering in the countries which comprise the Eastern and Southern African Anti-Money-Laundering Group (ESAAMLG), namely ...

POLICE have arrested two suspected robbers linked to the daylight robbery of US$4 million at Ecobank in Bulawayo on October 3 ...

South Africa looks to be making a very likely exit from the FATF grey list in October, fulfilling the big wish of National ...

Home Affairs Minister Leon Schreiber launched a scathing attack on TymeBank after it criticised the pricing of the new ...

Recent figures from the South African Banking Risk Information Centre (SABRIC) further underscore the trend, showing that financial crime losses in 2023 alone neared R3.3 billion. According to Sameer ...