Articles
Anti-money laundering: The grand illusion
This grotesque scene is emblematic of the global anti-money-laundering apparatus.
19 December 2025
This grotesque scene is emblematic of the global anti-money-laundering apparatus.
The West once again seems divided and uncertain of its purpose.
Faced with this bureaucratic gauntlet, countless informal traders will simply disappear deeper into the shadows, avoiding registration and operating beyond the reach of regulation and taxation.
Political freedom was won while economic freedom was forsaken.
In short, KYC and FICA is not merely an inefficient regulatory burden.
This Bill marks a dangerous acceleration of command-and-control policymaking.
It certainly does nothing to assist business whether small, medium or large.
An independent judiciary is not a democratic anomaly. It is a fundamental democratic necessity.
In an era in which global financial centres compete not only on tax regimes and capital flows but on regulatory quality and agility, the country must adapt or cede advantage.
A most grievous impact of B-BBEE has been its role in hollowing out the capacity of the public sector.