Competition Commission investigating 28 banks for alleged price fixing
The Competition Commission’s investigation into 28 banks for alleged price fixing involving the rand has again shone the spotlight on the conduct of banks and financial crimes.
The Competition Commission’s investigation into 28 banks for alleged price fixing involving the rand has again shone the spotlight on the conduct of banks and financial crimes.
The ongoing failure of South Africa’s investigative bodies and prosecuting authority to secure accountability for high-level corruption and economic crime is one of many serious risks to the country’s future.
The Middelburg specialised commercial crimes court struck former Eskom boss Matshela Koko’s fraud, corruption and money-laundering case off the roll due to unreasonable delays. Phemelo speaks to the Head of Investigations at Open Secrets, Michael Marchant about the case.
A new report by Open Secrets found that some private corporations are lining up to profit from the proposed energy transition. Open Secrets head of investigations Michael Marchant says the push for new energy creates an opportunity for corruption.
Open Secrets is hiring two outstanding candidates (one Intern: Investigations and one Intern: Campaigns) to join our team in Cape Town.
Tomorrow, 15 November, Open Secrets launches its latest report: Who Has the Power? South Africa’s Energy Profiteers. The report is Open Secrets’ first to investigate South Africa’s energy sector and climate crisis. And shines a light on the private interests who seek to profit from South Africa’s current energy crisis and proposed energy transition. It…
In the final part of this two-part series, we take a deeper look at the ways GovChat might undergo a commercial revival, who might benefit from ownership of its database, and the implications this may hold for the South African social grants system.
Local technology company GovChat became a key partner of the South African Social Security Agency during the pandemic. Today, the company continues to provide a digital avenue to apply for certain grants, even though it is in business rescue and its executives resigned in 2022. This is Part One in a two-part series
Join Open Secrets on the 15th of November 2023, for the launch of Who Has the Power? South Africa’s Energy Profiteers. Open Secrets’ Michael Marchant will be in conversation with Zen Mathe, Abby May and Luthando Vilakazi. Human rights and environmental activist, Kumi Naidoo will also be delivering a key note address on the role of activists in ensuring a just transition.