Corruption Watch director David Lewis has called on business owners to encourage their employees and customers to become active participants in the battle against corruption. Speaking at the White Collar Crime and Corruption Seminar held at Melrose Estate on 4 September, Lewis urged businesses to sign the organisation’s anti-corruption pledge, stressing that because business was Read more >
Posts
CORRUPTION NEWS
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 >
CORRUPTION NEWS
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 NEWS
By Chantelle Benjamin 13 April 2012 – South African law places onerous obligations on local companies to ensure that they do not participate in corruption, bribery or fraud, whether within the country or abroad, yet few companies are fully aware of compliance requirements to the relevant legislation. This is according to Steven Powell, an executive Read more >
CORRUPTION NEWS
5 April 2012 – Recommendations to help the City of Johannesburg better manage its finances and improve service delivery have been tabled by the Municipal Public Accounts Committee (MPAC). This was revealed on Wednesday at a press briefing hosted by the committee to give an update on the city’s finances. Committee chair Scelo Gcabashe’s Read more >
CORRUPTION NEWS
4 April 2012 – The team of senior managers in Mafikeng municipality earn almost R30-million a year, making it the second most expensive council in the country despite all evidence pointing towards poor service delivery and sub-standard performance in the North West district. This amount is according to the municipality’s submission of budgeted salaries to Read more >
