Corruption news Archives - Page 20 of 219

SA makes progress in strengthening AML/CFT measures

22 Jan 2024, 10:20

A November 2023 progress report on South Africa’s work towards addressing technical compliance deficiencies identified by the Financial Action Task Force (FATF) in the country’s anti-money laundering framework, reveals that there is forward momentum. South Africa has been a FATF member since 2003 and like all members, is therefore required to undergo mutual evaluations on Read more >

CORRUPTION NEWS

CW: Charges should have been brought against Jooste by now

17 Jan 2024, 10:15

By Tawanda KaromboFirst published on IOL It is six years since the former CEO of Steinhoff International, Markus Jooste, stepped down from the firm in December 2017 after massive accounting fraud came to light, and yet he is still not behind bars. Corruption Watch said in December that South Africa should do a lot more Read more >

CORRUPTION NEWS

Copper theft part two: Urgent action needed against illicit trade

16 Jan 2024, 12:51

In our new two-part mini series, we consider the devastating effect of the relentless theft of copper on South Africa’s infrastructure, and the consequent burden such theft places on the country’s economy and society – important topics to consider in this election year. Part one sets the scene as it stands currently, and part two Read more >

CORRUPTION NEWS

Nzimande, NSFAS debacle far from over, as calls for accountability grow

12 Jan 2024, 12:41

A politician pushed against the wall, an organisation with a track record of compromised leadership, and thousands of students uncertain about their future. That is one way to describe the current state of the National Student Financial Aid Scheme (NSFAS), an entity entrusted with a significant budget out of the public purse. Amid the rebuttal Read more >

CORRUPTION NEWS

Copper theft part one: Illicit market killing South Africa’s infrastructure

10 Jan 2024, 10:43

In our new two-part mini series, we consider the devastating effect of the relentless theft of copper on South Africa’s infrastructure, and the consequent burden such theft places on the country’s economy and society – important topics to consider in this election year. Part one sets the scene as it stands currently, and part two Read more >

CORRUPTION NEWS

Special Investigating Unit on progress in tackling construction mafia

04 Jan 2024, 12:40

The activities of the so-called construction mafia have, over the past year or so, become an important discussion topic in South Africa. Groups associated with the mafia have disrupted infrastructure development, intimidated communities and workers, demanded protection money, and exploited procurement and supply for their own profit. The construction mafia, like other such groupings, is Read more >

CORRUPTION NEWS

Prosecutions, zero-tolerance culture key to fighting corruption in SA

03 Jan 2024, 9:15

By Darren ParkerFirst published on Engineering News Corruption has long been an unhappy and increasingly harmful feature of the South African political, economic and business landscape. The extreme scale of this insidious problem came into sharp focus during the inquiry into state capture, however, which unearthed not only the far-reaching nature of the scourge but Read more >

CORRUPTION NEWS

State capture: Ramaphosa marks first year of implementation plan with report

14 Dec 2023, 10:02

The Presidency has delivered some good news, and some not so good news, on the state capture front, to end off a long and difficult year of responding to corruption. What is clear in a progress report, released in the last week of November, on the implementation of the Zondo report recommendations is that more Read more >

CORRUPTION NEWS

SIU and CSIR to work with Interpol in cross-border collaboration

13 Dec 2023, 11:03

Image: SAnews.gov.za The importance of cross-border co-operation in effectively tackling organised crime and illicit financial flows has been well documented. Building stronger networks will help ensure that criminals do not escape by fleeing the country, and because criminal networks have become more resourceful and sophisticated in recent years, so too must be the tools used Read more >