Illicit financial flows create an unjust society and further worsen inequality, especially for underdeveloped countries. This is the message from the Tax Justice Network (TJN), which released its 2022 Financial Secrecy Index (FSI) on 16 May. The FSI is a ranking of jurisdictions which fuel financial secrecy by helping individuals to hide their finances from Read more >
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CORRUPTION NEWS
Image: UN Habitat By Laura Nkula-WenzFirst published on The Conversation Africa Corruption is commonly defined as the abuse of entrusted power for personal gain. Understanding and tackling corruption at the city-scale is crucial because cities are increasingly becoming home to much of the global population. According to the United Nations, more than two-thirds of the Read more >
CORRUPTION NEWS
Corruption Watch, together with the Department of Public Service and Administration (DPSA), the Financial Intelligence Centre, the Open Government Partnership, and Open Ownership, co-hosted a conference on taking steps towards achieving beneficial ownership transparency. Titled Collective action for beneficial ownership transparency (BOT) in South Africa: From commitment to implementation, the two-day event, on 16 and Read more >
PRESS RELEASES
Members of the media are invited to a two-day conference on beneficial ownership transparency (BOT) in South Africa, taking place in Cape Town on 16 -17 May 2022. The event is hosted by the Department of Public Service and Administration, the Financial Intelligence Centre, Open Government Partnership, Corruption Watch, and Open Ownership. The subject of Read more >
OPINIONS
By Mashudu Masutha and Karabo RajuiliFirst published on News24 The Financial Action Task Force (FATF) is the global standard-setting body for combating money laundering, setting minimum standards via 40 recommendations. It has sanctioning mechanisms for countries that fail to comply. Recently, the organisation updated its Recommendation 24, which deals with beneficial ownership transparency – and Read more >
NEWS
A free press is a crucial component of a democratic society. It allows residents to receive reliable information about the state of the nation, thereby enabling free and open dialogue about developments and situations, and if and how they should change. These discussions bolster a strong democracy, not least because a free press holds power Read more >
CORRUPTION NEWS
By Kwazi Dlamini Free reign when it comes to political party funding threatens our hard-fought-for democracy in every aspect. While the new Political Party Funding Act (PPFA), promulgated on 1 April 2021, seeks to address the issue of private donors having unfettered power in funding political parties, at the same time there should be alternate Read more >
PRESS RELEASES
The devastation caused by the floods in KwaZulu-Natal (KZN) after days of incessant and unprecedented rainfall has exposed the failure of government to protect communities from not only the impact of climate change, but also of inadequate infrastructure and planning to ensure their safety, having failed to learn from similar floods and events in the Read more >
CORRUPTION NEWS
President Cyril Ramaphosa this afternoon announced that General Sehlahle Fannie Masemola has been appointed as South Africa’s new national police commissioner, replacing Kehla Sithole who finishes his last day in office today. Reaction has been cautiously optimistic, and Corruption Watch, too, welcomes the steps taken by Ramaphosa to appoint the new national commissioner of Read more >