Over 2000 Corruption Watch complaints in 2023…

Loading player...
Over 2000 complaints of corruption were received by Corruption Watch last year (2023). In this interview with BizNews, Executive Director Karam Singh speaks about the large number of complaints received in the policing- and the private sectors, as well as basic education, and state-owned enterprises. He warns that “it's not clear that if a new state capture project were to emerge, that we have sufficiently learned and put safeguards into the system to protect us going forward”. He stresses the need to establish “a dedicated, fully capacitated, fully funded, independent anti-corruption agency to help drive governments' initiatives and to ensure that we have the best approach, particularly from a law enforcement standpoint, similar to what we had previously with the Scorpions when it comes to the fight against corruption going forward”. Corruption Watch released its annual report today. - Chris Steyn
3 Apr 2024 9AM English South Africa Investing · Business News

Other recent episodes

BN Edge | Lesaka is facing hard questions. Ali Mazanderani is answering them

Lesaka grew out of Net1, whose subsidiary's social grants contract ended up before the Constitutional Court. Now it wants to take deposits from the same grant recipients it lends to. In a follow-up to their strategy conversation, Alec Hogg put the harder questions to executive chairman Ali Mazanderani: who carries…
23 Oct 8AM 37 min

BN Edge | Donald MacKay unpacks the bureaucratic black hole in SA trade

A tariff investigation in South Africa is meant to take six months. Donald MacKay, whose XA Global Trade Advisors released its latest import duty report this week, told Alec Hogg the average had stretched to 40 months, and that the oldest open case was old enough to start school. He…
23 Oct 7AM 24 min

BizNews Ricardo Portfolio update: Afrimat, Clicks, Chubb, Teledyne

Alec Hogg went into this episode wanting to sell two shares. The rules he built for the Ricardo portfolios talked him out of at least one. In the first of a new run of Premium portfolio updates, he put four fresh sets of results through the same valuation test: Afrimat,…
22 Oct 8AM 41 min