South Africa’s corporate sector is no angel when it comes to corruption. Numerous businesses were deeply implicated in the state capture era, and high-profile scandals like those of Steinhoff, EOH, VBS Bank, Bosasa, and Tongaat Hulett have severely tarnished the collective corporate reputation. The enablers of corporate corruption, such as legal and audit firms, have Read more >
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OPINIONS
By Busi MavusoFirst published on Moneyweb As part of our mission to combat corruption and improve ethical conduct in South African business, we have funded the Gordon Institute of Business Science (Gibs) to produce a guide for South African companies to fight corruption. Combating crime and corruption and promoting the rule of law is among Read more >
CORRUPTION NEWS
By James GeorgeFirst published on Moneyweb It’s a loaded question, and a lot has been done such as President Ramaphosa signing two amendments to our anti-money laundering (AML) and anti-terrorism laws in December last year. The real question, however, is whether these amendments are going to translate into actions being taken. Will we see prosecution, Read more >
CORRUPTION NEWS
By David ThomasFirst published on African Business The probability of South Africa being greylisted by the Financial Action Task Force (FATF) is as high as 85%, according to a report commissioned by Business Leadership South Africa (BLSA) and compiled by analysts Intellidex. The FATF, an intergovernmental organisation founded to develop policies to combat money laundering Read more >
NEWS
By Thato Mahlangu Asking political parties to openly say who funds them could be a fruitless exercise, said political analyst Dr. Ralph Mathekga, as political parties don’t want to voluntarily name their funders. Mathekga speaking at a panel discussion held on Wednesday 06 November 2019 at the Constitution Hill mentioned how it was a challenge Read more >
OPINIONS
By Steven Friedman The University of Johannesburg’s professor of political studies, Steven Friedman, speaks to Bonang Mohale, the CEO of Business Leadership South Africa, about growing concerns that corruption has become embedded in the way business is conducted in the country. Steven Friedman: How representative is Business Leadership South Africa of the country’s private sector? Read more >
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