Kaya 959 Kaya Biz

66% of Africa SMEs and their advisers believe that standing up to Corruption will result in lost business opportunities

Loading player...
GUEST – Portia Mkhabela -Market Head For Association Of Chartered Certified Accountants Southern Africa
New research from ACCA (the Association of Chartered Accountants) reveals extent of concern over impact of bribery and corruption on SMEs A new ACCA report, Bribery and corruption: The hidden social evil on your doorstep, delves into the true extent of how bribery and corruption impacts SMEs across the world, highlighting the pressing need for enhanced transparency and robust regulatory frameworks.
The research shows a high prevalence and deep concerns about the damaging impact of bribery and corruption on SMEs, with 66% of SMEs in Africa and their advisers believing that standing up to bribery and corruption will cost them business trade or opportunities. This is higher than the global figure of 59%.
But the survey also reveals a strong understanding of the benefits of standing up to bribery and corruption. 64% agree that having a strong anti-bribery policy boosts customer confidence in their business – versus 77% globally - and 85% say it increases their chances of getting lucrative contracts with big businesses and public sector bodies, compared with 68% globally.
28 May 2024 2PM English South Africa Business News · Investing

Other recent episodes

Leaky Pipelines & Broken Rungs: Fixing Gender Gaps in Investments

PPS Investments’ Fran Troskie breaks down why asset management still struggles with gender parity — from caregiving burdens to promotion barriers, wage gaps, and murky leadership pathways. A candid Women’s Month conversation on redesigning the industry for true inclusion.
18 Aug 1PM 16 min

Tax as Strategy: How Women Can Lead in a Volatile Economy

PwC’s Mbai Rashamuse joins our Women’s Month spotlight to unpack how tax can be a strategic lever for value creation — not just compliance. She explores financial sector shifts, inclusive leadership, and how women can shape Africa’s economic future through tax and governance.
18 Aug 1PM 16 min

Absa Delivers 8% Earnings Growth in Tough Conditions

Absa posts a resilient 1H26 performance with headline earnings up 8% to R12.8bn, ROE rising to 15%, and revenue growing 4%. We speak to Group FD Deon Raju about margin pressure, credit improvements, digital investment, and the bank’s outlook for FY26.
18 Aug 12PM 13 min

Sacci Confidence Edges Higher — But Is Sa’s Recovery Losing Momentum?

South Africa’s business confidence ticked up again, with SACCI’s July index rising to 125.4, its strongest level since March. Economist Richard Downing explains how the improvement was driven by higher new-vehicle sales, stronger merchandise exports, and lower energy prices, while inflation pressures and weaker precious-metal prices continued to weigh on…
18 Aug 12PM 10 min

Women Behind the Wheel: Breaking Barriers in Automotive Leadership

From SABC broadcaster to senior communications leader at Isuzu Motors SA, Iviwe Poti shares her journey through two male‑dominated industries: automotive and strategic marketing. She discusses navigating corporate spaces, shaping brand narratives across commercial vehicles, mentoring young women, and driving transformation in one of South Africa’s toughest sectors.
17 Aug 1PM 17 min
All episodes