Entries by Corruption Watch

Public enterprises dept continues its downhill slide

The Department of Public Enterprises, under the leadership of Pravin Gordhan, failed to meet 42% of its targets for the 2022/2023 financial year. Presenting the department’s annual audit outcomes to Parliament, the Auditor-General of South Africa said this low achievement rate “directly links” to the stagnation seen in the performance of the state-owned entities under its control – particularly Transnet.

Land and Corruption: Story of the Marginalised – podcast and report launch

Corruption Watch extends an invitation to join moderator Sakina Kamwendo for a listening session marking our new five-part podcast series, Land and Corruption: Story of the Marginalised, as well as the release of a research report that addresses the intersection between land, corruption, and discrimination. The event takes place on 23 October at 18h00. See this advisory for more details.

Land and Corruption in Africa 2 – telling stories of the marginalised

Join Corruption Watch’s Melusi Ncala and the team in a new five-part podcast series, where he discusses the work done towards the second phase of Transparency International’s Land and Corruption in Africa (LCA) project, which runs from 2021 to 2025. We are part of an eight-chapter team – with Cameroon, Ghana, Kenya, Madagascar, Uganda, Zambia, and Zimbabwe – that successfully completed the first phase from 2014 to 2019. Overall, the LCA project seeks to address land corruption risks and injustices in sub-Saharan Africa.

The FIC is reaping the rewards of enhanced laws

The Financial Intelligence Centre, in its latest annual report, has revealed the recovery of more than R5.8-billion in criminal proceeds in the last financial year alone. This has been made possible by stronger powers that were enabled by legislative changes in late 2022, as part of the General Laws Amendment Act to address shortcomings in South Africa’s anti-money laundering framework.

More protections for SA whistle-blowers on the way, but will they work?

South Africa’s current Protected Disclosures Act provides little incentive for employers to investigate whistle-blower tip-offs, either properly or at all, write the authors. And since there is scant likelihood of legislation alone providing sufficient protection for whistle-blowers, it should be bolstered by an independent body which will monitor and ensure employers take reasonable steps to investigate, and act on, disclosures.

Beneficial ownership and climate crimes: A fishy business

The sooner climate and tax justice activists unite and demand beneficial ownership transparency, writes Matti Kohonen for the Tax Justice Network, the more urgently we can put an end to escalating climate crimes like illicit fishing and logging. “These environmental crimes not only threaten the capacity of our carbon sinks to absorb greenhouse gases, they generate profits that result in illicit financial flows: a form of illegal capital flight that occurs when money is illegally earned, transferred, or spent.”