Corruption Concerns Dampen South Africa’s Economic Prospects
There comes a time when perception [of corruption] translates to reality for foreigners looking to do business and/or invest in South Africa. When risk is seen to be outweighing reward in that market, other countries begin to look more attractive.
This report examines the general corruption landscape in South Africa. Topics covered include specific examples of past and present corruption problems, the magnitude of the issue, areas of concern for companies doing business or investing in the country, and the legal regime in place to address related issues. Finally, the report offers some practical anti-corruption compliance tips for operating in South Africa as well as elsewhere in the global marketplace.