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CORRUPTION NEWS

Hitachi: a settlement payment is not enough

Global electronics corporation Hitachi’s settlement fine of $19-million for charges brought by the US Securities and Exchange Commission (SEC) against the company for violating the Foreign Corrupt Practices Act (FCPA) is not enough of a sanction. The Japanese multinational company has a diverse footprint in over 40 countries and boasts growing profit margins year on Read more >

CORRUPTION NEWS

Picture gallery: Unite Against Corruption march

While yesterday’s Unite Against Corruption march might not have brought us the numbers we hoped for – thanks in part to a couple of eleventh-hour obstacles – it was a success in other ways. It brought a group of widely diverse groups together for a common cause. It garnered substantial media coverage, mostly positive, including Read more >

PRESS RELEASES

UAC march will go ahead on 30 September

UNITE AGAINST CORRUPTION PROTEST ACTION GOES AHEAD ON 30 SEPTEMBER Two days ahead of the first in a series of protest actions against corruption in South Africa on 30 September in Pretoria, Cape Town, and other cities around the country, the Unite Against Corruption coalition today released a statement in response to Nedlac’s decision not Read more >

PRESS RELEASES

UAC march goes ahead despite Nedlac

MEDIA ALERT: UAC MARCH GOES AHEAD DESPITE NEDLAC The organisers of the Unite Against Corruption march invite all media to a final press conference before we march on Wednesday 30 September. The broad spectrum of coalition members will be present and will include the trade unions, faith-based organisations, students and civil society. Four senior representatives Read more >

CORRUPTION NEWS

KPMG: ABC compliance still a big challenge

KPMG released its latest global anti-bribery and corruption survey earlier in September. The report, titled Anti-Bribery and Corruption: Rising to the challenge in the age of globalization, analyses some of the key risks companies face when dealing with bribery and corruption. The survey was completed in October 2014. The auditing company polled 659 respondents around the Read more >

CORRUPTION NEWS

MYSA schools challenge 2015 closes on high note

The Model Youth South Africa (MYSA) Schools Challenge 2015 finished earlier in September on a high note. Together with Debate.Afrika, Corruption Watch guided another set of pupils towards a clearer understanding of corruption issues, and an improved set of debating skills. The competition aims to expose senior high school pupils to dilemmas associated with transparency, Read more >

CORRUPTION NEWS

CW makes submission in court for SABC case

On Friday Corruption Watch delivered submissions to a full bench of judges at the Supreme Court of Appeal in Bloemfontein in the appeal of SABC COO Hlaudi Motsoeneng. An earlier High Court judgment found that he should be suspended and disciplinary action taken against him. The organisation is hoping its submissions will help to once Read more >

CORRUPTION NEWS

Central supplier database – useful info and downloads

The national treasury’s central supplier database (CSD) was launched last week by Finance Minister Nhlanhla Nene, at the East London Industrial Development Zone in the Eastern Cape. The database is one of the ways in which government plans to simplify its procurement process and cut down on corruption. The establishment of a CSD, says the Read more >

OPINIONS

Rent-seeking is gobbling up our economy

By William Gumede First published in Mail & Guardian South Africa is increasingly becoming a “rent-seeking” society in which the politically connected make easy money without having to work for it: they get government and private sector contracts, mining rights and favourable policies just because of their closeness to the ANC leadership. Although rent-seeking may, Read more >