Join PACI: Design Corruption out of the System

Since 2004, the Partnering against Corruption Initiative at the World Economic Forum has united business leaders by working together to improve business standards and design corruption out of the system.

Rousseff’s Petrobras corruption woes adds to already bad year for BRICS leaders

It hasn’t been a great year for BRICS leaders. South Africa’s Jacob Zuma is under seige for spending $20m of the public purse on his private residence. Russia’s Vladimir Putin’s regime is suddenly fragile with a plunging oil price compounding concerns over the Ukrainian invasion. And now Brazil’s Dilma Rousseff is struggling to contain growth of a massive corruption scandal at Petrobras

Corruption – an irrational seducer who hurts when you can least afford it

South Africa has improved slightly in the 2014 international corruption perception index, but still ranks poorly – and did a little better only because the research was conducted ahead of the Nkandla scandal. That together with news from Brazil last night that a lower level manager at State-owned Petrobras has volunteered to repay $100m in … Read more

Madonsela wins international award

Public Protector Thuli Madonsela was humbled to be selected the winner of Transparency International’s Integrity Award for 2014

Parks Tau cracks down on R200m fraud and corruption in Jhb

Executive Mayor of Johannesburg, Parks Tau, joined Alec Hogg on CNBC Africa’s Power Lunch to discuss the arrest of 22 people for fraud, collusion and corruption. The arrests relate to over 100 cases of criminal activity that have defrauded the city’s coffers of up to R200m. The direct collusion is as far reaching as big … Read more

Murray & Roberts CEO says executives did not know about collusion

The Competition Commission’s investigation into collusive practice in the construction industry was one of the big stories of last year. South Africa’s biggest construction companies, namely WBHO, Murray & Roberts, Stefanutti, and Aveng, paid a combined R1.46bn fine when they were found guilty of colluding when submitting tenders. The fallout from the investigation was widespread, … Read more