Why This Campaign Matters

 

South Africa’s escalating crime rate is closely tied to inadequate controls and weaknesses in the implementation of the RICA. Poor compliance by network operators, distributors, and retailers has created vulnerabilities, enabling activities like money laundering and the financing of terrorism—issues central to South Africa’s socioeconomic challenges.

 

South Africa’s greylisting by the FATF in February 2023 highlighted deficiencies in combating these financial crimes. Greylisting has had serious repercussions for the economy, denting investor confidence, straining foreign relations, and damaging the nation’s global standing.

 

Addressing this challenge by reforming RICA and enforcing stricter compliance measures is among the most direct and impactful actions our lawmakers, mobile network operators, and SIM card vendors can take to create a safer, more prosperous South Africa. Enhanced RICA controls would close critical gaps, reducing illicit financial flows and building resilience against crime, thus supporting a brighter economic and social future.​

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Did You Know?
 

RICA, in its current form, leaves South Africans vulnerable to crimes like SIM swap fraud, identity theft, and money laundering. Mobile phones, which are integral to our financial transactions, are not adequately secured by this outdated legislation. Without critical reforms, our nation remains exposed to security risks, and our financial system remains weakened. Support the Let's Get RICA'd Campaign!