On the 25th of February 2026, Finance Minister Enoch Godongwana stood before Parliament and delivered a budget built on a story of redemption. Five years back, South Africa was grey-listed by the Financial Action Task Force, it was downgraded to junk status, and reeled from State Capture. On Wednesday, he told us, the country has been removed from the FATF grey list, that it received its first credit rating upgrade in 16 years, and achieved debt stabilisation for the first time in 17 Years. [...]