Corruption Index: SA fails key corruption test
4 December 2014
Transparency International announced that South Africa scored 44/100 for fighting corruption. This is a clear indication of failure by the ANC to stop corruption at government level (see here).
Countries like Oman and Rwanda rated better than South Africa. This is unacceptable.
Clearly, the multiple scandals engulfing President Zuma and his administration has affected South Africa's perception in the world. We are now perceived to be a generally corrupt country in the eyes of the world. The Nkandla scandal, Guptagate, the Spy Satellite saga, the Arms Deal and the Spy Tapes Saga are all examples of high-profile and embarrassing instances of corruption that has tarnished our international reputation as a good investment destination.
But it is not only our international reputation that has suffered. The R30 billion we lose to fraud and corruption every year also has a real impact in people's lives who have to live with fewer schools, fewer hospitals, power outages and a stagnating economy because government loses too much money to corruption every year.