Tag: corruption

Being able to speak the truth, without the fear of being intimidated or being politically incorrect is a liberty that sets a person free, both physically and psychologically. However, this attribute is increasingly more difficult to find in the leadership and structures of the ‘new’ democratic South Africa.

Africa has a higher percentage of companies affected by fraud, theft, money laundering or other financial crimes than the global average, according to one of the most comprehensive surveys of international business to date. Thomson Reuters commissioned the survey of more than 2,300 senior business leaders in large companies to shine a light on how pervasive such crimes have become across the world.

The need for ethical leadership is much clearer and more urgent now than it has ever been since the dawn of the new South Africa. Unfortunately, it took massive corruption to elevate the importance of ethical leadership in the public consciousness, and so the cost has been high to get us to this level of awareness.

As South Africa grapples with growing the economy and sustainable socio-economic development, it is often said that innovation is the silver bullet to help the country achieve its developmental goals.

The Competition Commission has conducted a significant number of dawn raids. From the beginning of 2017, the Commission has raided 47 companies and 53 premises in total. 

Ask Afrika (South Africa’s largest independent research company) and Infusion Knowledge Hub were commissioned by the Centre for Communication and Reputation Management at the University of Pretoria, to explore the views of ordinary citizens around corruption and state capture.

Nick Alp | Dispute Resolution Partner | Webber Wentzel | nick.alp@webberwentzel.com | www.webberwentzel.com | The Department of Justice and Correctional Services has recently published the Prevention...

Leishen Pillay | Partner and Head of Technology, Media and Telecommunications | Hogan Lovells | leishen.pillay@hoganlovells.com | www.hoganlovells.com | Bitcoin may make headlines when its...

Clayton Thomopoulos | Director & Certified Fraud Examiner | Deloitte Risk Advisory | cthomopoulos@deloitte.co.za | www.deloitte.com | A fraud and ethics hotline remains a critical mechanism in...

Terry Ramabulana | Head: Public Sector | Mazars | terry.ramabulana@mazars.co.za  | www.mazars.co.za | The latest Auditor General’s (AG) report reveals some major issues that could...