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CORRUPTION NEWS

SA hosts vital talk on Africa’s position on sustainable mining

Image: Wikimedia/Raimond Spekking. Used under Creative Commons Attribution-Share Alike 4.0 Does the mining sector in Africa have all the requisite best standards in place to ensure both adequate investment and sustainable impact on the environment and the livelihood of communities affected by mining? The answer to this question is a mixed bag of legislative and Read more >

CORRUPTION NEWS

It’s time to make restitution for Fishrot, says IPPR

Image: BORGEN Magazine It’s been a decade since Samherji’s former operations director Jóhannes Stefánsson quit his job at the Namibian division of the Icelandic fishing company, to expose what is now known as the Fishrot corruption scandal. Stefánsson, who admits that he was part of the mismanagement until his conscience got the better of him, Read more >

PUBLICATIONS

BO registry, EITI implementation can benefit South Africa

By Schalk BurgerFirst published on Mining Weekly Establishing a beneficial ownership registry in South Africa will help to improve financial transparency, the transparency of value chains and provide information for companies and the public about companies and who owns and controls them. These were some of the benefits highlighted in two new reports, commissioned by Read more >

GOVERNANCE

CW releases two new reports on beneficial ownership transparency in SA mining

On Tuesday 22 November 2022 Corruption Watch (CW) launched not one, but two new reports, both relating to beneficial ownership transparency (BOT) in South Africa’s extractives sector. The organisation also hosted a webinar with guest speakers Michael Barron and Tim Law, experts in the fields of beneficial ownership and implementation of the Extractives Industries Transparency Read more >

OUTREACH AND EVENTS

Media advisory: CW to host webinar, launch two reports on BOT and EITI in SA

Corruption Watch (CW) will host a webinar on Tuesday 22 November 2022 to coincide with the release of two reports advancing a case for greater beneficial ownership transparency (BOT) in the mining sector, namely Beneficial Ownership Transparency in South Africa’s mining sector and The Extractive Industries Transparency Initiative and South Africa, respectively. The importance of Read more >

POLICY AND ADVOCACY

CW submits comments on the Companies Amendment Bill

Much of Corruption Watch’s (CW) work consists of advocating for transparency – in procurement, in leadership appointments, in allocating resources, in matters of governance. Corruption threatens the credibility and effectiveness of these measures and more, and therefore transparency is crucial to curbing, even abolishing the scourge.   Beneficial ownership transparency (BOT) is seen as an increasingly important element of any anti-corruption strategy, as it is fundamental in tackling illicit Read more >

CORRUPTION NEWS

Accelerating beneficial ownership transparency in Africa

By Maureen Kariuki, Karabo Rajuili and and Edwin Wuadom WardenFirst published on Open Government Partnership Corporate anonymity poses significant risks to domestic resource mobilisation in Africa. Research by the UN Conference on Trade and Development (UNCTAD) suggests that African countries can retain an estimated US$89-billion per year if illicit capital flight can be addressed. Accelerating Read more >

CORRUPTION NEWS

Is transparency in mining languishing?

By Mashudu MasuthaFirst published in Business Day A lack of beneficial ownership transparency is a key threat to sustainability within the sector, as is an increase in human rights violations that tends to occur with secret owners The latest data from the just-released Worldwide Governance Indicators report confirms that with some exceptions, resource-rich countries face Read more >

Events

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