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GORDHAN, NAIDOO AND DUVENAGE TO SPEAK ON EFFORTS TO END THE SCOURGE OF CORRUPTION

 

Johannesburg, 20 August 2018 – Public Enterprises Minister Pravin Gordhan, Organisation Undoing Tax Abuse Executive Director Wayne Duvenage and Council for the Advancement of the South African Constitution Executive Secretary Lawson Naidoo will meet to hammer out solutions to deal with corruption in South Africa’s public and private sectors on the first day of the 2018 Southern African Metals and Engineering Indaba.

The last decade has seen the cancer that is corruption spread in both the public and private sectors, resulting not only in credit rating agencies downgrading South Africa, but also in halting South Africa’s sustainable economic, political and social progress.

The 2016 Transparency International Corruption Perceptions Index found that South Africa was ranked as the most corrupt country in Africa by respondents in the Global Corruption Barometer on Africa. The report identifies elevated levels of vulnerability in the private sector’s provision of services to State-owned companies and government departments.

Allegations of state capture, misdemeanor at State-owned entities such as Eskom as well felony at Steinhoff also serve as evidence of corruption that has stifled South Africa over the last decade.

Commenting on this plenary session, Steel and Engineering Industries Federation of Southern Africa (SEIFSA) Chief Executive Officer Kaizer Nyatsumba said business needs to adopt a zero-tolerance approach to corruption…