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However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.
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DOI: 10.1108/OXAN-DB285317
ISSN: 2633-304X
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Some deficiencies were detailed in a 2021 FATF report and in October 2021 the country was given 18 months to remedy them or face greylisting. Greylisted states face tougher due…
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DOI: 10.1108/OXAN-DB276155
ISSN: 2633-304X
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SOUTH AFRICA: US sanctions increase greylisting risk
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DOI: 10.1108/OXAN-ES273896
ISSN: 2633-304X
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This level was briefly reached in 2017, as well as during the 2008-09 global financial crisis. Interest rates are expected to rise further until inflation moves back within…
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DOI: 10.1108/OXAN-DB274430
ISSN: 2633-304X
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Outlook for South Africa's banking sector.
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DOI: 10.1108/OXAN-DB205678
ISSN: 2633-304X
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SOUTH AFRICA: More downgrades will increase outflows
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DOI: 10.1108/OXAN-ES226089
ISSN: 2633-304X
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Despite low fuel costs and the global airline industry running profitable operations, Kenya Airways has recorded multiple years of losses, leading the company to consider a…
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DOI: 10.1108/OXAN-DB212878
ISSN: 2633-304X
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Wealth, inheritance and ‘solidarity’ taxes are being considered -- with the latter recently flagged as one solution to pay for COVID-19 vaccine procurement and pandemic-related…
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DOI: 10.1108/OXAN-DB258902
ISSN: 2633-304X
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Amid a surge of COVID-19 infections, however, the government appears focused on the health rather than the economic aspects of the crisis.
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DOI: 10.1108/OXAN-DB253988
ISSN: 2633-304X
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Meanwhile, the already dire state of public finances is set to deteriorate further as the economic impacts of the COVID-19 dampen revenues and increase debt, further undercutting…