Public procurement is an area of governance that is particularly prone to corruption because it is the nexus of power, money, and decision-making. If any of those factors are abused, the losses for the state can be costly, and the gains for the corrupt substantial. Taxpayers have a right to know where their money goes, Read more >
CORRUPTION NEWS
Source: South African government On 27 October Western Cape premier Alan Winde requested the provincial police ombud Oswald Reddy to launch an investigation to answer one key question: Is there sufficient evidence and concern to warrant establishing a Commission of Inquiry to probe serous allegations of links between gangs and members of the South African Read more >
CORRUPTION NEWS
While President Cyril Ramaphosa’s responses to the state capture commission’s recommendations on the renewal of state owned entities and the intelligence sector have positive prospects, he remains silent on the deputy ministers in his government who were fingered in wrongdoing. The biggest casualties of state capture in South Africa, SOEs that were robbed of billions Read more >
CORRUPTION NEWS
President Cyril Ramaphosa has confirmed that lifestyle audits for members of the executive will soon be implemented by his office as per the recommendations of the state capture commission. Furthermore, they will be prohibited from partaking in procurement decisions for any government department or entity. This is contained in the response by Ramaphosa to the Read more >
CORRUPTION NEWS
As South Africa continues to struggle under the burden of constant load-shedding, the news has broken that former Eskom acting CEO Matshela Koko, his wife Mosima Koko, and his stepdaughter Koketso Choma have finally been nabbed by the law. The trio was arrested on 27 October 2022 on charges of corruption. This after it was reported Read more >
CORRUPTION NEWS
A permanent Investigative Directorate (ID), some successes in asset recovery, and greater protection for whistle-blowers. These are some of the highlights of President Cyril Ramaphosa’s action plan in response to the findings and recommendations of the state capture commission, or Zondo commission. The ID, which falls under the National Prosecuting Authority (NPA), is now a Read more >
CORRUPTION NEWS
On 24 October transport minister Fikile Mbalula briefed media on a Special Investigating Unit (SIU) probe into the country’s licensing system. The SIU has produced an interim report in terms of its proclamation R37 of 2017, and the levels of corruption and malfeasance it has so far uncovered are staggering. Proclamation R37, issued by then-president Read more >
CORRUPTION NEWS
In its 2021/2022 annual report, released at the end of September 2022, the Financial Intelligence Centre (FIC) noted that it achieved 17 of its 19 performance goals – and exceeded 10 of the 17. One of these was to contribute to the recovery of stolen money in a way that exceeded its previous achievement. This Read more >
CORRUPTION NEWS
First published on BusinessTech One of the proposals from Chief Justice Raymond Zondo’s state capture report is to include failure to prevent corruption as a new criminal offence for companies. According to law firm Bowmans, this recommendation by Zondo will require the amendment of the Prevention and Combating of Corrupt Activities Act 12 of 2004 Read more >