Corruption has emerged as one of the biggest threats to humanity in developing and developed countries. It distorts economic growth, lowers foreign direct investment, decreases productivity due to the inefficient allocation of contracts, provides an incubator for general crime and dilutes societal norms and values.

Two years ago, President Cyril Ramaphosa established a number of commissions to probe the conduct of senior public servants in the government and state-owned enterprises (SOEs), thereby signalling the intent to arrest the scourge of corruption...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now