Monday, July 16, 2012

Busa Calls For Integrity Pacts


Something I came across in the news which I thought was quite interesting is that Business Unity South Africa (Busa), is calling for the implementation of integrity pacts, for those who are awarded government tenders. This would pertain particularly to large procurement items, in order to improve transparency and accountability, to help in the fight against corruption.

In her recent address at the National Business Initiative (NBI) function, in a bid to urge South African businesses to sign up to the United Nations Global Compact (UNGC), which has anticorruption as one of its ten core principles, Busa president Futhi Mtoba indicated that business had already lobbied the National Treasury on the matter.

Mtoba made it known that she was excited that President Jacob Zuma in his State of the Nation address had supported the notion of integrity pacts. What perhaps further helps the cause is that Economic Development Minister Ebrahim Patel has also come out in support of an integrity accord being implemented.

Reference: http://www.engineeringnews.co.za/

Ernest Roper 
Regional Manager Durban

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