Corruption a major risk for international miners in South Africa

South Africa is underperforming in its fight against bribery and corruption, with potential knock-on effects for the mining industry, Canadian risk mitigation firm CKR Global’s Adam Ross, a senior consultant with the firm’s corruption risk-management division, recently confirmed. He cited a recent report by the Organisation for Economic Cooperation and Development (OECD), which advised the country's government to step up enforcement. Ross believed that this increased regulatory attention was likely to focus on the mining sector, whether it came from the South Africans themselves or other jurisdictions such as the US and Canada.