Скачать или смотреть Possible US sanctions | Fears of SWIFT exclusion: Dr Dale McKinley shares insights

The CEOs of SA's top banks and the National Treasury have discussed the consequences of possible US sanctions.

Some insiders fear the most damaging consequence would be restrictions on South Africa's access to the SWIFT interbank payment network or the US dollar clearing system.

According to media reports Finance Minister Enoch Godongwana is concerned about the implications of possible US sanctions on SA and had intended to raise the matter with Basa.

The fears are informed by the US-SA Bilateral Relations Review Act, a bill championed by Republicans congressman Ronny Jackson, which proposes a review of the US-SA relations and proposes sanctions on the leaders of the ANC and government officials.

Political Economist Dr Dale McKinley joins us now for more.

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