Today's Labour News

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ramaphosa2BusinessLive reports that speakers at the Public Sector Forum said on Tuesday that performing lifestyle audits on public-sector employees was unlikely to make a meaningful impact on corruption.  

This was because corruption ringleaders often used channels where their transactions could not be detected.  In his 2018 state of the nation address, President Cyril Ramaphosa said he was looking at introducing the audits for ministers and civil servants to strengthen disclosure and fight corruption in the public sector.  A technical task-team, consisting of law enforcement agencies, Sars and the Financial Intelligence Centre, among other entities, was then established to develop the framework that would make lifestyle audits possible.  Ramaphosa is expected to announce the progress of the framework in his 2019 address.  “It’s a very good idea on the surface but how are we going to implement it and how are we going to ensure that individuals in the game will play it as they should?” asked Claudelle von Eck, CEO of the Institute of Internal Auditors SA (IIASA).  Pumla Sogoni, governance officer at IIASA, said the biggest concern with the envisaged audits was that they would encroach on people’s privacy, contravening the constitution.  Jacqui-Lyn McIntyre-Louw, financial accountancy programme leader at the North West University, who performs lifestyle analysis, said these audits were costly, complex and took a long time to complete.

  • Read Londiwe Buthelezi’s report on lifestyle audits in full at BusinessLive


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