SA Reserve Bank governor Lesetja Kganyago says 'hope is not a strategy' to prevent the potential greylisting of the financial services sector.
SA Reserve Bank governor Lesetja Kganyago says “hope is not a strategy” to prevent greylisting of SA's financial services sector.
“We have got to treat this with urgency and demonstrate significant progress so we can prevent greylisting or, should we be greylisted, we will be able to come off that list within 12 months, and that is what happened with Mauritius and Zimbabwe and a number of other countries.”
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