Posts

Corporate reporting transparency in spotlight

Corruption Watch released its Transparency in Corporate Reporting: South Africa (TRAC) report yesterday evening. This report is part of Transparency International’s (TI) series that assesses the transparency – an essential tool in combating corruption and enabling accountability – of companies in various countries. In the series, TI surveys the world’s largest companies in terms of Read more >

Media invite: launch of CW’s TRAC report

Next week Corruption Watch releases its latest report, conducted in collaboration with Transparency International (TI). The report titled Transparency in Corporate Reporting: South Africa, forms part of TI’s Transparency Reporting on Anti-Corruption (TRAC) series. The study, the first of its kind in South Africa, measures 50 of the country’s largest listed and unlisted companies in Read more >

Money laundering and related crimes – info centre

Money laundering and illicit financial flows are two related, but distinct types of corruption that pose a huge threat to development and political and economic stability around the world. Developing countries are especially hard hit. The two are closely linked to the concept of beneficial ownership, which is a term referring to the true owner Read more >

UK anti-corruption summit: South Africa’s statement

The UK’s anti-corruption summit, hosted by Prime Minister David Cameron, aims to drive a worldwide increase in action against corruption. Already over 40 countries have issued statements setting out the concrete actions they will take in order to tackle corruption. This is what South Africa commits to: South Africa thanks the United Kingdom and Prime Read more >

SPEAK UP, South Africa: the impact of the Nkandla ruling

By David Lewis First published on Transparency International In March this year South Africa’s highest court upheld a landmark investigation by the courageous public protector Thuli Madonsela that showed how taxpayers’ money had been used to upgrade President Jacob Zuma’s personal residence. This underscored the importance of the role of the Public Protector in holding Read more >

Public reporting would curb illicit outflows from SA

They come, they see and – due to relaxed tax and finance laws, or legal firms that have perfected the art of tax avoidance – they conquer a lot more than they invest in Africa. These are multinational companies that find loopholes in the legislation of the continent’s poorest countries and are able to dodge Read more >

How to stop corruption: five key ingredients

First published by Transparency International There is no silver bullet for fighting corruption. Many countries have made significant progress in curbing corruption, however anti-corruption practitioners are always on the lookout for solutions and evidence of impact. Here are five ways that citizens and governments can make progress in the fight against corruption: End impunity   Read more >

Corruption in sport: it’s not too late

Last year in April, Transparency International (TI) launched its initiative focusing on corruption in sport, at the same time indicating that it would release a comprehensive report in February the next year. Today the organisation releases that report as part of its flagship Global Corruption Report series. The global phenomenon of sport engages billions of Read more >

Graft should send a shiver down SA’s spine

Each year the release of Transparency International’s Corruption Perceptions Index generates a predictably polarised South African response. Some insist that it understates our problem. Others argue that it is part of a “cold war” waged by developed counties against developing countries, another platform for discrediting developing country governments by luming them with responsibility for a Read more >