By KEDIBONE MOLAETSI
25 October 2025- The African National Congress (ANC) said it welcomes the announcement that South Africa has officially been removed from the Financial Action Task Force (FATF) grey list. The ANC said South Africa’s removal from the grey list is a direct outcome of decisive and coordinated action taken across the Government of Unity (GNU), law enforcement, regulatory bodies and the financial sector.
The ANC national spokesperson, Mahlengi Bhengu said over the past two years, the country has implemented comprehensive reforms to address the deficiencies identified by the FATF. Bhengu said this development is a vote of confidence in the country’s reform agenda and in their determination to ensure accountability, transparency and ethical governance.
“The ANC commends the leadership of the South African government, under President Cyril Ramaphosa, for driving this turnaround and for demonstrating that South Africa is serious about restoring confidence in its institutions and financial systems. The fight against corruption, financial crime, and illicit financial flows must remain a national priority, not only to meet international standards but to safeguard the integrity of our democracy and ensure that public resources are used for the benefit of the people,” she said.
The Guardian 