Posts

‘Political elite must put integrity above self-interest’

Corruption is eating away at Africa's biggest economy, stifling growth, marring its international reputation and, most importantly, hurting the poor, writes Transparency International’s managing director Cobus de Swardt. Now that the ANC has elected its leaders, it should recognise the problems, opportunities and challenges ahead and make combating corruption a priority. From allegations of dodgy Read more >

Lessons from the US in fighting corruption

Two weeks ago, Net1 Universal Electronic Payment System Technologies disclosed that it was being investigated by the US department of justice for violating the US Foreign Corrupt Practices Act. Net1 is listed on the Nasdaq and the JSE. Its share price plummeted after the disclosure. The far-reaching Foreign Corrupt Practices Act criminalises corruption perpetrated outside Read more >