Posts

CORRUPTION NEWS

TI releases governance principles for SOEs

South Africa’s state-owned enterprises (SOEs) are not what could be described as the pride of the nation. The likes of Eskom, the Passenger Rail Association of South Africa (Prasa), the South African Post Office (SAPO), South African Airways (SAA), the South African Broadcasting Corporation (SABC), and others have become a national embarrassment rather than a Read more >

CORRUPTION NEWS

How corruption is fraying SA’s social, economic fabric

By Sean Gossel First published on The Conversation  South Africans are not happy. According to the recent Bloomberg’s Misery Index, South Africa is the second-most miserable country on earth. Venezuela tops the list of emerging countries. This isn’t too surprising considering that the country is embroiled in multifaceted crises. It also has among the highest Read more >

GOVERNANCE

Corruption Watch welcomes Molefe’s resignation

Corruption Watch welcomes the decision by Brian Molefe to resign as Eskom chief executive officer. The organisation regards this resignation as being in the best interests of Eskom. Its prominence as a major state owned enterprise requires that the public has confidence in its operations, functioning and leadership. The allegations against Molefe, both in the Read more >

CORRUPTION NEWS

Budget 2016: clampdown on state-owned entities

Finance Minister Pravin Gordhan says government seeks to stop corruption, waste and the continued bailout of state-owned entities (SOEs). He delivered his much anticipated budget speech on Wednesday, amid cynicism over the economy. Gordhan also defended a measure undertaken by Treasury to review all contracts above R10- million. Earlier in the day, Treasury had released Read more >