6 January 2022

Business Unity SA on the release of Part One of the Judicial Commission of Inquiry Report into State Capture and Corruption

We welcome the release of Part 1 of the Zondo Commission Report, presented to President Cyril Ramaphosa on Tuesday 4th January 2022. Judge Zondo commenced office as Chairperson of the Commission on 21st August 2018. It has thus been approximately 42 months since the Commission commenced its work, with over R 1 billion spent.

The presentation of Part 1 of the Report is a seminal moment in the ongoing fight against systemic corruption, malfeasance and state capture that has cost the country billions of rand, human life, loss of confidence and has devastated our economy. This has been a devastating blow to our efforts to improve the lives of our people through attracting investment, growing an inclusive economy, and creating jobs.

 

Part 1 of the Report is a voluminous document that will have to be studied carefully. However, the need to act urgently on the recommendations made in the Part 1 of the Report because we will, as a country, only address the scourge of corruption and state capture, including dealing with it systemically and breaking the solid structures aiding and abetting this, if we act on the recommendations urgently and take quick action against identified perpetrators through the legal system. This applies across society, in government, business, labour and other parts of civil society. The success of the work the Commission has done will best be measured by whether we can take action to reset our society’s moral compass!

 

BUSA will study the report and convene a Special Board meeting to consider the recommendations and a proactive and substantive role for business, in concert with all social partners, to act on the recommendations.

 

ENDS

 

Cas Coovadia

Business Unity SA CEO

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