Use of cash in SA puts country at high risk, IMF finds

Cross-border movement of money fuels global terrorism funding fears

Nomazima Nkosi Senior reporter

SA has a relatively high volume and intensity of crime and more than half of reported crimes fell into categories that generate proceeds.

This is according to an October 2021 report by the IMF, which warned that the widespread use of cash in the informal economy had placed the country at risk...

This article is free to read if you register or sign in.

If you have already registered or subscribed, please sign in to continue.



Questions or problems? Email helpdesk@sowetanlive.co.za or call 0860 52 52 00.

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.