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Eradicating The Scourge Of Corruption
Finweek English
|11 May 2017
In South Africa, corruption poses a massive challenge. How can we tackle this problem?

Transparency International publishes an annual Corruption Perceptions Index (CPI) which measures “perceived levels of corruption, as determined by expert assessments and opinion surveys” in 175 countries. The CPI’s definition of corruption is the misuse of public power for private benefit. It therefore focuses mainly on corruption in and by the public sector. In 2015 South Africa was ranked 61st out of 168 countries, with a score of 44 out of 100. A score of 100 means that a country is virtually free of corruption and a score of 1 means that the country is very corrupt.
What is particularly disturbing in SA is that senior political leaders employ their positions of power and questionable methods to enrich themselves by, for example, awarding tenders to family members, and use public money for their personal needs and affairs. Willie Hofmeyr, former head of the now disbanded Scorpions, reported to Parliament in 2011 that between R25bn and R30bn had disappeared from the state’s coffers in this way.
Widespread corruption is a sign of a failing state and indicates a lack of transparency in the state. It is a waste of taxpayers’ money and affects service delivery at local and national level extremely negatively.*
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