South African taxpayers have forked out an estimated R521-billion over the last 15 years to keep state owned enterprises (SOEs) alive, and have received nothing in return. Despite the bailouts, many companies continue to fail due to financial mismanagement and corruption, and the bailouts may be much higher than the National Treasury estimates. During a Read more >
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CORRUPTION NEWS
Image: EFE-EPA/Nic Bothma By Marcel NagarFirst published on The Conversation: Africa A public policy works well if it’s a good policy and if it’s carried out well. Politicians make policy and specialist bureaucrats in the public service carry it out. These appointed officials are supposed to follow a strict professional and ethical code of conduct. Read more >
CORRUPTION NEWS
The Auditor-General of South Africa (Agsa) is not impressed with the Department of Public Enterprises (DPE). Presenting the department’s audit outcomes for 2021/2022 to the parliamentary portfolio committee on public enterprises on 11 October, the Agsa delegation pointed out several shortcomings and weaknesses, including stagnation in terms of audit outcomes in general, and non-compliance with Read more >
CORRUPTION NEWS
Imagine a time when South Africa has been lifted out of greylisting, no longer under the scrutiny of international watchdog the Financial Action Task Force (FATF); the Guptas are in custody or facing trial for their alleged part in state capture; all necessary processes are being followed to the tee to ensure justice; and the Read more >
CORRUPTION NEWS
This is the second of two articles that look back at the year that was for the commission of inquiry into state capture, which closed public hearings for 2020 on Friday 11 December. Read part 1 here. Early in August this year, relatively unknown Edwin Sodi made his first appearance before the commission of inquiry Read more >
CORRUPTION NEWS
This is the first of two articles that look back at the year that was for the commission of inquiry into state capture, which closed public hearings for 2020 on Friday 11 December. The year of the new normal had as much impact on the state capture inquiry as it did on everything else. From Read more >
CORRUPTION NEWS
Today the People’s Tribunal on Economic Crime delivered its final findings to the public during an event at Johannesburg’s Constitution Hill. The tribunal sat earlier this year with the intention of focusing on three periods in South Africa’s history – the apartheid years, the 1999 arms deal, and state capture. Once the interim report was Read more >
PRESS RELEASES
The First People’s Tribunal on Economic Crime in South Africa Delivery of Tribunal Panel’s Final Report Venue: Women’s Jail, Constitution Hill, Johannesburg, South Africa Date: Thursday 20 September 2018 Time: 13:00 – 14:30 ____________________________________________________________ The People’s Tribunal on Economic Crime will deliver its final findings to the public at Constitution Hill in Johannesburg Read more >
CORRUPTION NEWS
When the People’s Tribunal on Economic Crime in South Africa presented its preliminary findings in early February 2018, it stated that all implicated parties would receive the relevant evidence and copies of submissions and those preliminary findings. They would have three months within which to respond. Shortly afterwards NGO Open Secrets served 38 implicated parties Read more >