Tag: Agile Capital

While there is still largely a pessimistic mind-set regards the South African economy locally, there are many companies that have been reporting good results and positive profits margins - think banks and service industries. As such, there is a real case to be made that this (positivity) will be able to drive economic growth.

Poor governance practices, poor oversight and a lack of accountability lie at the heart of state capture and the large-scale corporate fraud that has dominated newspaper headlines in South Africa over the last three years. It is precisely due to the weaknesses in the governance structures and systems that dishonest and unethical leaders have been able to plunder state resources and commit fraud.