Anti-graft regulations: how to ensure compliance

SA’s latest anti-corruption weapon Section 43 of the regulations:   Section 43 of the regulations, accompanying the Companies Act, brings South Africa into line with an agreement with the Organisation for Economic Cooperation and Development (OECD), which requires that certain measures be taken to combat and prevent corruption.   South Africa and 142 other countries Read more >

New anti-graft rules: SA firms to take note

By Chantelle Benjamin South African firms are now accountable for the actions of the companies they contract to when it comes to corruption and are prohibited from funding political parties, according to new regulations for the Company Act, issued quietly last year. Read the guidelines to ensure regulations compliance here. Local companies are also bound Read more >

Corruption Watch to find out more about City’s new ‘plan’

Corruption Watch is set to meet with the City of Joburg next week to find out more about its plans to fight the culture of bribery and corruption among the Johannesburg Metropolitan Police Department (JMPD) officers. Three months after the civil society organisation launched the “No more tjo-tjo” campaign, the City of Joburg has unveiled Read more >

AG’s report paints grim view of local govt

Auditor-general Terence Nombembe gave a grim view of financial management at local government level this week, with just 30% of municipalities making progress in addressing internal control disciplines. Nombembe said he “remains concerned about 70% of municipalities where the basics of key controls have not yet been mastered”. Nombembe tabled his 2010-11 general reports on Read more >

AG’s report paints grim view of local govt

Auditor-general Terence Nombembe gave a grim view of financial management at local government level this week, with just 30% of municipalities making progress in addressing internal control disciplines. Nombembe said he “remains concerned about 70% of municipalities where the basics of key controls have not yet been mastered”. Nombembe tabled his 2010-11 general reports on Read more >

Moss Phakoe’s spirit must galvanise us – Vavi

On March 14 2009, Moss Phakoe – a beloved husband, son, brother and father, a dedicated trade unionist and a committed ANC councillor – was gunned down, aged 52, in his car in Rustenburg as he arrived home after putting up posters for the ANC election campaign. Moss Phakoe started as a shop steward at Read more >

Foreign laws on bribery can apply to SA firms

Are you faced with an ethical dilemma? Are you witnessing corruption but don’t know what to do about it? Ask the team of Corruption Watch experts what to do by writing to: letters@businesstimes.co.za and mark your letter ‘Dear Corruption Watch’. Dear Corruption Watch, I’m on the board of a company that has listed American Depository Read more >

Gunned down for blowing the whistle

Corruption can be a matter of life and death, as it was for this week’s posthumous hero Moss Phakoe, an ANC councillor who was murdered in 2009 after blowing the whistle on alleged corruption in Rustenburg municipality, North West. This is a man who most probably thought he was serving the country when he handed Read more >

Corruption Watch flooded with state school complaints

By Zaheer Cassim When a public official steals millions of rand through nepotism and shady deals, there is generally a public outcry for that person to be removed from office. Sadly, this same zeal for justice does not filter down to public schools, where thousands of learners are short-changed by corrupt principals and teachers. Over Read more >