SA STEPS UP WAR ON CRIME AND CORRUPTION WITH FRESH FUNDING BOOST

Africa World

Wed 21 October 2026:

Finance Minister Enoch Godongwana has announced an R810 million recapitalisation of the South African Police Service (SAPS) vehicle fleet next year, alongside an additional R2.2 billion over the medium term to strengthen the independence of the judiciary.

“Crime and corruption weaken governance and hold back the economy. They rob the fiscus of funds intended for service delivery and raise the cost of doing business,” the Minister said on Wednesday.

Godongwana made the remarks while delivering the Medium-Term Budget Policy Statement (MTBPS), in which he outlined the government’s revised economic outlook and adjusted expenditure estimates.

In addition to this year’s allocations to the Border Management Authority, government is increasing the number of labour inspectors.

“The government is also considering measures to strengthen the capacity of the border inspectorate and immigration officers to address our challenges with illegal migration,” Godongwana said.

He added that the Financial Action Task Force’s (FATF) 18-month Mutual Evaluation process is under way.

“It evaluates the technical compliance and effectiveness of the implementation of laws. It tests whether our laws work in practice through investigations, prosecutions and asset forfeitures.

__________________________________________________________________________

https://whatsapp.com/channel/0029VaAtNxX8fewmiFmN7N22

__________________________________________________________________________

“We are striving to achieve technical compliance and fully implement the FATF recommendations. These efforts have been supported by investments in fighting crime and corruption,” Godongwana said.

The FATF is an intergovernmental financial watchdog established to combat money laundering, terrorist financing, proliferation financing and other threats to the integrity of the international financial system.

It sets global standards for anti-money laundering and counter-terrorism financing, promotes their effective implementation and conducts mutual evaluations to assess countries’ compliance with its recommendations.

In 2026, South Africa was removed from the European Union’s list of high-risk third-country jurisdictions.

This followed South Africa’s removal from the FATF grey list – formally known as the list of jurisdictions under increased monitoring – and the United Kingdom’s list of high-risk countries for money laundering and terrorist financing. Both removals took effect on 13 October 2025.

– SAnews.gov.za

__________________________________________________________________________

FOLLOW INDEPENDENT PRESS:

WhatsApp CHANNEL 
https://whatsapp.com/channel/0029VaAtNxX8fewmiFmN7N22

TWITTER (CLICK HERE) 
https://twitter.com/IpIndependent 

FACEBOOK (CLICK HERE)
https://web.facebook.com/ipindependent

YOUTUBE (CLICK HERE)

https://www.youtube.com/@ipindependent

Think your friends would be interested? Share this story! 

Leave a Reply

Your email address will not be published. Required fields are marked *