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CORRUPTION NEWS

Reveal beneficial owners of firms to stem graft

By David Lewis There is a head of steam building behind what must sound like an arcane, technical proposal – that companies be obliged to reveal their beneficial owners and that this information be placed on a public register. After intense lobbying by Transparency International and other nongovernmental organisations, this proposal was adopted by the Read more >

CORRUPTION NEWS

SA failing to implement OECD convention

Transparency International (TI) today published its annual progress report, titled Exporting Corruption, on the implementation of the OECD anti-bribery convention. Its revelations are thought-provoking, and in South Africa's case, unflattering. In March this year we wrote about the country’s tardiness in prosecuting foreign bribery under the anti-bribery convention of the Organisation for Economic Co-operation and Read more >

CAMPAIGNS

Nowhere to hide – unmasking the corrupt

In South Africa, as in numerous other countries, corruption is a regrettable part of our everyday life, and it comes in various forms. But while anti-corruption laws exist, their implementation is not robust, and perpetrators are seldom punished. Those who engage in corruption are easily able to hide their ill-gotten gains by channelling the proceeds Read more >