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OPINIONS

Enablers galore: the countries that contribute to illicit financial crimes

By Janine Erasmus – CW Voices In part one of our latest mini-series, we posed the question: who are the real corrupt countries in today’s globalised context? We considered factors such as beneficial ownership transparency, the implementation of the African Union Anti-Corruption Convention, and pan-African collaboration in anti-corruption research. The usual suspects such as Nigeria Read more >

CORRUPTION NEWS

Gold Mafia scandal to be investigated – but can SA authorities pull off a success?

By Kwazi Dlamini President Cyril Ramaphosa, answering to questions in the National Assembly in mid-May 2023, has reiterated his commitment to clamping down on illicit financial activities and money laundering in South Africa. His statement comes weeks after the jaw-dropping Al Jazeera documentary Gold Mafia, which exposed an extensive network of gold smuggling and money Read more >

CORRUPTION NEWS

Zim to investigate gold smuggling after Al Jazeera expose

Image: Reserve Bank of Zimbabwe By Yarno Ritzen and Al Jazeera Investigative UnitFirst published on Al Jazeera The government of Zimbabwe says it will launch investigations into several people involved in gold smuggling and money laundering following the release of an undercover Al Jazeera investigation showing high-ranking officials involved in the illicit gold trade. Gold Mafia, a four-part Read more >

CORRUPTION NEWS

Has SA done enough to avoid joining the FATF grey list?

By James GeorgeFirst published on Moneyweb It’s a loaded question, and a lot has been done such as President Ramaphosa signing two amendments to our anti-money laundering (AML) and anti-terrorism laws in December last year. The real question, however, is whether these amendments are going to translate into actions being taken. Will we see prosecution, Read more >

CORRUPTION NEWS

Early 2023 commencement for balance of General Laws amendment act

The final part of the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Act is due to commence in the early months of 2023. The General Laws (AML/CTF) bill proposed a sweeping range of integrated reforms to five pieces of legislation which regulated vastly different areas of concern – trusts; non-profit organisations; companies; and Read more >

OPINIONS

Ramaphosa must ensure political accountability to win corruption fight

By Moepeng Valencia Talane South Africa has a serious corruption problem, and everyone including the morally compromised ANC agrees, but what we’re not agreeing on is the extent to which the absence of a culture of political accountability will keep corruption in place without tangible solutions. That is, if nothing is done by those with Read more >

CORRUPTION NEWS

Impeachment of the president – what’s that all about?

By Kwazi Dlamini President Cyril Ramaphosa faces arguably the toughest political battle of his career to date, surrounded as he is by the fallout of the Phala Phala scandal. Opposition political parties and his adversaries within the African National Congress (ANC) are calling for him to resign – indeed, last Friday Ramaphosa was rumoured to Read more >

CORRUPTION NEWS

Phala Phala noise far from over, as SA awaits Concourt decision

As South Africa waits to hear from the Constitutional Court (ConCourt) if it will accept President Cyril Ramaphosa’s judicial review application of the Section 89 panel report on Phala Phala – for which papers were filed on Monday – his political backers and opponents alike continue to exchange public statements to support their conflicting causes. Read more >