Today's Big Stories

Bribery and corruption on the rise in corporate SA, claims survey

South Africa is steadily increasing in incidents of bribery and corruption and is among the top eight hotspots on the continent.

This is according to law firm ENSAfrica’s 2016 anti-bribery and corruption survey.

The survey was conducted on a range of companies and a limited number of government institutions.

It included 132 respondents from SA, Mozambique, Kenya, Namibia, Ghana, Tanzania, the Democratic Republic of Congo, and Uganda.

The survey found that 39% of respondents had experienced bribery requests over the past two years, compared to 25% in 2015.

It's quite a dramatic increase and it means that two out of five companies have been asked to pay a bribe when they engage with regulators, apply for permits, move goods through customs etc.

Steven Powell, Head of Forensics at ENSAfrica

ENSAfrica's forensics lawyer, Steven Powell, explains that the survey is an effort to determine how compliant companies are with anti-corruption practices.

90% of companies claim to have an anti-corruption policy, while they have not done corruption-risk assessments he explains.

According to Powell, corruption compliance programmes reduce the risk of companies paying bribes.

Listen to the full conversation from The John Maytham Show:

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