South African Government implicated in allegedly bribing FIFA for 2010 World Cup

It has recently been reported that the South African Government bribed FIFA officials to secure the 2010 World Cup. Following the arrest of seven FIFA officials in Switzerland recently, the US DOJ has alleged that the South African Government was directly involved in bribing FIFA officials to secure┬áthe 2010 World Cup. The Zuma administration in … Continue reading South African Government implicated in allegedly bribing FIFA for 2010 World Cup

Corruption & instability scare away foreign direct investment in South Africa

Corruption & instability scare away foreign direct investment in South Africa Former ANC Treasurer and Mpumalanga premier Mathews Phosa has identified corruption, inconsistent government policies, and other factors as root causes of investors' growing reluctance to invest in South Africa. The Mail & Guardian's Adam Wakefield reports that Mr. Phosa, who speaks nine languages and … Continue reading Corruption & instability scare away foreign direct investment in South Africa