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AfricaSeptember 27 2022

South Africa committed to key reforms, says deputy finance minister

South Africa’s deputy finance minister, David Masondo, talks to John Everington about reforming the country’s ailing energy sector and measures taken to reduce the risk of greylisting by FATF.
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South Africa committed to key reforms, says deputy finance minister

Q: How would you assess the health of South Africa’s economy today, compared with 12 months ago?

A: Overall, the South African economy is in good, fighting shape. The levels of economic activity are not quite where we want them to be yet, but we are also seeing some of the economic reforms gaining traction and making an impact on our long-term prospects. 

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John Everington is the Middle East and Africa editor. Prior to joining The Banker, John was the deputy business editor of The National in the UAE, and has also worked for Dealreporter, Arab News and The Telegraph. He has also covered the telecom sector in Africa and the Middle East, living and working in Qatar and the UK. John has a BA in Arabic and History and an MA in Middle Eastern Studies from the School of Oriental and African Studies (SOAS) in London.
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