A month since SA’s greylist - What are we seeing on the ground?

South Africa has a more globally integrated financial system when compared to other countries that have been previously greylisted, and, as a result, it must be treated uniquely, says financial services firm PwC. In its latest Economic Outlook report for South Africa, PwC said that historically when a country is greylisted, there is a significant drop in total capital flows. However, the fact that South Africa has a more open economy and greater foreign investor participation, it is difficult to estimate the potential impact on the overall economy, it said.