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There is scope to further improve South Africa’s investment climate. Investors cite concerns such as frequent policy changes, uncertainty of regulation, and corruption as limiting factors. In addition, recent electricity shortages are likely to be weighing on private investment.
This self-assessment report looks at South Africa's investment regime in the light of the OECD Codes of Liberalisation and the principle of National Treatment.
South Africa must take urgent steps to proactively investigate and prosecute foreign bribery. No foreign bribery cases have been prosecuted since South Africa joined the Convention in 2007. The 4 on-going investigations – out of only 10 allegations that have surfaced to date – are also far from reaching the prosecution stage, according to a new report by the OECD Working Group on Bribery.
This page contains all information relating to implementation of the OECD Anti-Bribery Convention in South Africa.
The First Regional Experts’ Meeting of the Joint OECD/AfDB Initiative to Support Business Integrity and Anti-Bribery Efforts in Africa took place on 13 – 14 January 2011 in Lilongwe, Malawi, and officially launched the Joint Initiative.
South Africa should step up its efforts to detect, investigate and prosecute cases of bribery in international business deals, according to a new report by the OECD’s Working Group on Bribery.
The 2009 NEPAD-OECD meetings focused on mobilising financial resources in Africa against the crisis and on boosting private investment in African energy infrastructure, drawing on country experiences and best practices to identify and address the factors holding back investment in African countries’ energy sectors.
NEPAD-OECD Ministerial Meeting & Expert Roundtable, 11-12 November 2009, Johannesburg, South Africa. Mobilising Financial Resources - Boosting Energy Investment & Carbon Finance in Africa.
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The OECD Anti-Corruption Division won the “Highly Commended” Award in the Smart Regulation category of the 2007 Africa Investor Awards. In his acceptance speech, Patrick Moulette, Head of the OECD Anti-Corruption Division, highlights the benefits that South Africa’s membership of the Convention will bring to the fight against corruption in Africa.