Image: Wikimedia Commons, used under a CC BY-SA 3.0 license First published on BusinessTech The Department of Trade and Industry and Competition has gazetted its intention to submit the Companies First and Second Amendment Bills to Parliament in August 2023. The two bills aim to shift the dial significantly on red tape and inequality in Read more >
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CORRUPTION NEWS
Contrary to what the name implies, a company’s social and ethics committee (SEC) has nothing to do with behaviour in social situations. Rather, it allows the company to monitor and measure the impact that certain specified activities have on communities and the public at large. In terms of the Companies Act and its associated regulation Read more >
CORRUPTION NEWS
Much of Corruption Watch’s (CW) work consists of advocating for transparency – in procurement, in leadership appointments, in allocating resources, in matters of governance. Corruption threatens the credibility and effectiveness of these measures and more, and therefore transparency is crucial to curbing, even abolishing the scourge. Beneficial ownership transparency (BOT) is seen as an increasingly important element of any anti-corruption strategy, as it is fundamental in tackling illicit Read more >