Posts

STATE CAPTURE

Time for corporate SA to step up and join the fight against corruption

South Africa’s corporate sector is no angel when it comes to corruption. Numerous businesses were deeply implicated in the state capture era, and high-profile scandals like those of Steinhoff, EOH, VBS Bank, Bosasa, and Tongaat Hulett have severely tarnished the collective corporate reputation. The enablers of corporate corruption, such as legal and audit firms, have Read more >

CORRUPTION NEWS

Markus Jooste still a free man – but that will change, says NPA

In late 2017 the Steinhoff scandal broke, sending tremors of anger and outrage around the world, especially in the countries where the South African multinational retail holding company traded or was listed. Accounting irregularities dating back to 2015 were uncovered during an auditing probe triggered by the refusal of Deloitte, Steinhoff’s auditing firm at the Read more >

PRESS RELEASES

Steinhoff alleged corruption: business must act

Corruption Watch condemns the conduct of Steinhoff involving financial irregularities, as confirmed by former CEO, Markus Jooste, who resigned in the wake of the allegations.  The civil society organisation will continue to monitor the outcome of the investigation, and will shine a light on the impact of these corrupt business dealings. The organisation calls on Read more >

OPINIONS

Corruption in business: BLSA CEO Bonang Mohale speaks

By Steven Friedman The University of Johannesburg’s professor of political studies, Steven Friedman, speaks to Bonang Mohale, the CEO of Business Leadership South Africa, about growing concerns that corruption has become embedded in the way business is conducted in the country. Steven Friedman: How representative is Business Leadership South Africa of the country’s private sector? Read more >