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Finance committee warns Treasury over delays regarding Fica amendment

Written by on 17 August 2022

The Standing Committee on Finance has warned that National Treasury will have to take responsibility if the October deadline of amending the Financial Intelligence Centre Act (Fica) is not met. It says National Treasury delayed in submitting the proposed amendments. In June, authorities warned the Committee that South Africa’s anti-money laundering legislative framework is lagging behind […]

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Lotteries commissioner resigns

Written by on 17 August 2022

The board of the National Lotteries Commission says it notes the resignation of the Commissioner. Thabang Mampane has quit with immediate effect. Her five-year contract was due to end next month. The Special Investigating Unit is probing reports that she purchased a luxury home with lottery funds. The crime-fighting unit raided several NLC offices in […]

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