Business / Economy
US, UK investors starting to see Zimbabwe as more attractive than SA
22 Jul 2015 at 16:35hrs | Views
According to Fin24, South Africa better take note that business people in the US and the UK are starting to see Zimbabwe as more attractive for investments than SA, which is getting a more corrupt image, according to forensics specialist Dave Loxton of the legal firm ENSafrica.
"Corporate SA must do more about the country's image of bribery and corruption," said Loxton at the launch of the ENSafrica 2015 anti-bribery and corruption survey on Tuesday. About 88 organisations in Africa, including Mauritius, were surveyed.
Loxton pointed out that the survey found that about 72% of bribes in Africa are in the third party space.
"Know who you are in bed with," he cautioned.
Steven Powell, co-head of forensics at ENSafrica said there are ten things the US Department of Justice usually expects to see in a company's anti-bribery and corruption programme.
"Corporate SA must do more about the country's image of bribery and corruption," said Loxton at the launch of the ENSafrica 2015 anti-bribery and corruption survey on Tuesday. About 88 organisations in Africa, including Mauritius, were surveyed.
"Know who you are in bed with," he cautioned.
Steven Powell, co-head of forensics at ENSafrica said there are ten things the US Department of Justice usually expects to see in a company's anti-bribery and corruption programme.
Source - fin24
