Not signing Fica Bill will jeopardise SA's credit rating

The Financial Intelligence Centre Act (Fica) is important legislation because this will be closely monitored by the financial world to see if South Africa is abiding by the norms of governance. That's according to chief economist at Econometrix, Azar Jammine.

A failure to pass this amendment will jeopardise our credit rating and lead to potentially more situations of the like of future growth not lending to SOEs (State Owned Enterprises) for example.

Dr. Azar Jammine, Chief Economist, Econometrix

The perception will exist that this is another one of those instances where the government is unwilling to implement what is seen to be normal global cooperative governance.

Dr. Azar Jammine, Chief Economist, Econometrix

Listen to the full interview below for more information...

The Council for the Advancement of the South African Constitution (Casac) is calling on President Jacob Zuma to urgently sign the Bill into law or return it to the National Assembly if he has reservations.


Read More
Gauteng Safety MEC plans to decrease crime by 50%

Gauteng Safety MEC plans to decrease crime by 50%

The MEC Sizakele Nkosi-Malobane and Police Commissioner Deliwe de Lange briefed the media on Friday calling for JMPD assistance.

Sexwale speaks out: "My courage has never deserted me"

Sexwale speaks out: "My courage has never deserted me"

Listen to ANC leader Tokyo Sexwale speaking about his role in the struggle and current challenges facing the ruling party.

Some ANC NEC members want Zuma no confidence motion on agenda - reports

Some ANC NEC members want Zuma no confidence motion on agenda - reports

African National Congress's highest decision-making body is meeting at Irene near Centurion on Friday.

British PM angered by leaks to US about terror attack investigation

British PM angered by leaks to US about terror attack investigation

Sensitive information about the Manchester terror attack, which claimed 19 lives, was leaked to the United States media.

Zuma's recall likely to be discussed at ANC NEC meeting - analyst

Zuma's recall likely to be discussed at ANC NEC meeting - analyst

The ANC's national executive committee is meeting on Friday amid mounting pressure for calls for President Jacob Zuma to resign.

"Political project" fueling state capture started as far back as 2007

"Political project" fueling state capture started as far back as 2007

A report reveals that there is a political project believing that transformation isn't possible within the constitution framework.

Popular articles
Dr Mbuyiseni Ndlozi opens up about his thesis

Dr Mbuyiseni Ndlozi opens up about his thesis

Ndlozi explains the significance of the the first chapter of his thesis: 'Trauma in the archives'.

German prosecutors probing Steinhoff CEO Markus Jooste (for accounting fraud)

German prosecutors probing Steinhoff CEO Markus Jooste (for accounting fraud)

The Money Show’s Bruce Whitfield interviews Steinhoff International Chairperson Christo Wiese.

Is it normal to have a curved penis? Dr Shingai explains

Is it normal to have a curved penis? Dr Shingai explains

Urologist Dr Shingai Mutambirwa says penile curvature is only a concern if it impedes a man's ability to have penetrative sex.

Nkosazana Dlamini-Zuma's simply did not do her job as  AU chair - analyst

Nkosazana Dlamini-Zuma's simply did not do her job as AU chair - analyst

Analysts weigh-in with very different views on Dlamini Zuma's failures and achievements as chairperson of the African Union.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

Meet Shoprite’s Christo Wiese, ruler of retail (and 3rd richest African)

Meet Shoprite’s Christo Wiese, ruler of retail (and 3rd richest African)

Bruce Whitfield interviews the remarkable Wiese (net worth R100 billion!) about how it all began and where it’s going.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?