Posts

Mid-term budget policy speech: full text

Read the full text of finance minister Tito Mboweni’s maiden mid-term budget speech below, or download it as well as the budget policy statement: 2018 MEDIUM TERM BUDGET POLICY STATEMENT The economy at a crossroads Madam Speaker President of the Republic Deputy President Cabinet Colleagues and Deputy Ministers Deputy Speaker Governor of the South African Read more >

Panel swings into action in search for new NDPP

The advisory panel appointed by President Cyril Ramaphosa to identify and conduct interviews with suitable candidates for the position of the head of the National Prosecuting Authority, convened for the first time on Monday, 22 October 2018. The aim of the meeting, according to a statement issued yesterday, was to confirm the mandate of the Read more >

Joint statement on fighting corruption – 18th IACC

Read the full text of the joint statement issued at the start of the 2018 International Anti-Corruption Conference, and endorsed by more than 45 national governments, businesses and organisations. The signatories have pledged to take action in key areas including returning the proceeds of corruption to their rightful owners, ending secrecy over company ownership, clamping Read more >

2018 Anti-Corruption Award recipients announced

Update, 23 October 2018: Transparency International announced yesterday evening that there are two winners of this year’s Anti-Corruption Award. They are Ana Garrido Ramos and Daphne Caruana Galizia, who receives the award posthumously. Galizia’s son Paul Caruana Galizia tweeted: “‏On the same day that @MaltaGov says in parliament that it refuses to mark the first anniversary Read more >

Now is the time to act against corruption – 18th IACC kicks off

The 18th International Anti-Corruption Conference (IACC) gets under way in Copenhagen, Denmark, today. Corruption Watch folk are there, as regular delegates and also as part of the Young Journalists programme. The theme for this year’s event is Together for Development, Peace, and Security: Now is the Time to Act. “Today’s polarised politics fuels many evils:  Populism and extremism, Read more >

The argument for an int’l anti-corruption court

By Richard Goldstone and Robert Rotberg First published on the Global Anticorruption Blog In a 2018 Daedalus article, senior US district judge Mark L. Wolf explained that The World Needs an International Anticorruption Court (IACC) and charted a course for its creation. In a recent post on this blog, Professor Alex Whiting characterised the IACC Read more >

Calling young activists against land corruption in Africa!

Transparency International (TI) is looking for young anti-corruption activists to bring fresh ideas to the problem of land corruption in Africa. The organisation believes that Africa’s youth have the potential to create new and exciting changes in their communities but are prevented from pursuing their dreams by corruption. In response to this undesirable situation, TI Read more >

EU golden visa programme a risky business

From time to time in the South African media, articles appear that talk about the various so-called golden visa programmes offered by several EU countries. This is essentially EU residency or citizenship and a passport in return for money – lots of it. A substantial investment in the country of choice will secure these benefits, Read more >

VBS Bank scandal revealed in explosive report

It started off as a small, wholly black-owned specialist corporate finance and retail bank, established in 1982. Today it is at the centre of what financial analyst Stuart Theobald, speaking this morning on the Classic Business Breakfast show, called “the most shocking example of bank fraud in South Africa’s history”. The Venda Building Society, now Read more >