By Schalk BurgerFirst published on Mining Weekly Establishing a beneficial ownership registry in South Africa will help to improve financial transparency, the transparency of value chains and provide information for companies and the public about companies and who owns and controls them. These were some of the benefits highlighted in two new reports, commissioned by Read more >
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PUBLICATIONS
On Tuesday 22 November 2022 Corruption Watch (CW) launched not one, but two new reports, both relating to beneficial ownership transparency (BOT) in South Africa’s extractives sector. The organisation also hosted a webinar with guest speakers Michael Barron and Tim Law, experts in the fields of beneficial ownership and implementation of the Extractives Industries Transparency Read more >
OUTREACH AND EVENTS
Corruption Watch (CW) will host a webinar on Tuesday 22 November 2022 to coincide with the release of two reports advancing a case for greater beneficial ownership transparency (BOT) in the mining sector, namely Beneficial Ownership Transparency in South Africa’s mining sector and The Extractive Industries Transparency Initiative and South Africa, respectively. The importance of Read more >
LEGISLATION AND SUBMISSIONS
In a comprehensive joint submission to Parliament’s Standing Committee on Finance today, non-profit organisations Corruption Watch and AmaBhungane expressed concern that the haste with which the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill was developed may have compromised its effectiveness. The bill was prepared in a matter of months after the Financial Read more >
RAISING AWARENESS
Image: Unesco On 28 September the world marked the International Day for the Universal Access to Information (IDUAI). This event, established in November 2015 through UN resolution (38 C/70) and first commemorated in 2016, aims to facilitate international discussions on policy and guidelines in this important area. Access to information plays an important role in Read more >
CORRUPTION NEWS
Democracy: a system of government in which the people of a country can vote to elect their representatives;fair and equal treatment of everyone in an organisation, etc., and their right to take part in making decisions. Oxford Learner’s Dictionaries Democracy, by its very definition, can only work if all people are able to participate in Read more >
LEGISLATION AND SUBMISSIONS
Corruption affects people of all genders, races, and ages – this is known and accepted. It particularly hurts the poorest or most vulnerable members of our society, including the elderly, youth, and women, many of whom are unable to realise their full potential because their rights – social, economic and civic – are denied. As Read more >
CORRUPTION NEWS
South Africa has come second in budget transparency globally, with Georgia overtaking both South Africa and New Zealand to claim the first spot in the 2021 Open Budget Index (OBI), conducted among 120 countries by the International Budget Partnership (IBP) through an open budget survey. IBP is the world’s only independent, comparative measure of budget Read more >
CORRUPTION NEWS
Issued by Parliamentary Communication Services Parliament’s Portfolio Committee on Basic Education has extended the deadline for stakeholders and interested individuals to submit written comments on the Basic Education Laws Amendment (BELA) Bill to 15 August 2022. Committee chairperson Bongiwe Mbinqo-Gigaba said the committee received several requests for an extension to the original deadline, which was Read more >
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