A report released in mid-March 2023 by the Tax Justice Network (TJN) shows a slow but steady implementation of beneficial ownership transparency (BOT) regulations across the African continent. Titled Beneficial Ownership Transparency in Africa in 2022, the report reveals the state of play of the introduction of laws addressing the lack of BOT, and examines Read more >
CORRUPTION NEWS
By Natalie KeetsiFirst published on the Global Anticorruption Blog In South Africa, the Political Party Funding Act (the PPFA) regulates campaign donations and expenditures to political parties. By imposing various limits and transparency requirements, the PPFA – which is overseen by South Africa’s Independent Electoral Commission (IEC) – is supposed to prevent corruption and other Read more >
POLICY AND ADVOCACY
Issued by My Vote Counts on 3 March 2023First published on My Vote Counts Yesterday, the IEC published the political party funding disclosures covering October – December 2022. Significantly, the ANC disclosed R32-million, from just three donors. This makes up 80% of the total donations parties disclosed and is expected, considering the party held its Read more >
CORRUPTION NEWS
By Caroline JamesFirst published on amaBhungane Key Takeaways The state of disaster regulations confer wide discretion on state institutions to pursue emergency procurement to address the energy crisis There is no detail in the regulations about how emergency procurement processes will be effective or will be subject to sufficient oversight There is a need for Read more >
CORRUPTION NEWS
By Claire BeutterFirst published on the Global Anticorruption Blog John Doe is a whistle-blower who provided critical information to the US Securities and Exchange Commission (SEC) regarding an international bribery scheme, assisting the agency in bringing a successful enforcement action. Doe timely filed an application for reward under a provision of federal law that directs the SEC Read more >
CORRUPTION NEWS
Plans are afoot to tackle South Africa’s lackadaisical beneficial ownership regime. The Companies and Intellectual Property Commission (CIPC) has announced that it will implement a beneficial ownership (BO) information collection and storage regime as soon as regulations in that regard are promulgated. Greater BO transparency is a crucial component in the fight against financial crime. Read more >
CORRUPTION NEWS
Image: Col André Kritzinger, used under the Creative Commons Attribution-Share Alike 3.0 Unported license. Addressed to: Passenger Rail Agency of South Africa Office of the President of the Republic of South Africa Office of the Speaker of Parliament Parliament’s Portfolio Committee on Transport PRASA, hands off whistleblowers We, the undersigned organisations, call on the Passenger Rail Agency Read more >
LEGISLATION AND SUBMISSIONS
South Africa’s national treasury has released a useful fact sheet on the background to and implications of the country’s recent greylisting by the Financial Action Task Force (FATF). Titled What does FATF greylisting mean for a country?, the six-page document explains the role of the FATF and the mutual evaluations all FATF members are required Read more >
CORRUPTION NEWS
The South African Police Service is seeking public feedback on the services it offers. Go here to take part in the survey, titled Customer Satisfaction and Public Perception of the SAPS Effectiveness Survey. Dear Participant, The Component Research was commissioned by the South African Police Service (SAPS) to conduct a follow-up study to determine the Read more >
