Saying that work could help boost job creation in a country facing an unemployment rate of 43% among those under 35.
US Deputy Treasury Secretary Wally Adeyemo on Wednesday urged South Africa to step up its battle against corruption, saying that work could help boost job creation in a country facing an unemployment rate of 43% among those under 35.
“My conversations with South Africans from a diversity of backgrounds makes clear that progress on reliable energy and addressing all the other challenges this great country faces is inhibited by corruption.” He noted that US Treasury Department recently released its National Risk Assessment on Money Laundering, which highlights the costs of corruption in the US and how to end it.
Corruption has been an ongoing challenge in South Africa, which was added to the “grey list” of countries under special scrutiny by the international financial crime watchdog, the Financial Action Task Force , last year.