The US-SA Bilateral Relations Review Act of 2025 — threatening asset freezes, travel bans and financial blacklists against ANC officials over alleged ties to Russia and China — has thrust Pretoria into a quagmire of its own making.
As Washington considers weaponising the dollar-dominated Swift system to enforce compliance, SA leaders face an existential crisis: submit to Western coercion or fully embrace the pursuit of Brics Pay, the bloc’s alternative to Swift, anchored by China’s digital yuan and Russia’s System for Transfer of Financial Messages (SPFS).
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