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      <link>https://www.webberwentzel.com//News/Pages/Corruption-may-just-get-more-expensive-what-the-precca-amendment-bill-means-for-you.aspx</link>
      <title>Corruption may just get more expensive what the PRECCA Amendment Bill means for you</title>
      <description>South Africa has been fighting corruption with legislation that, frankly, lacked teeth. The Prevention and Combating of Corrupt Activities Act 12 of 2004 (PRECCA) has long been the cornerstone of the country's anti-corruption framework — criminalising bribery, fraud and a broad range of corrupt conduct in both the public and private sectors. The law was there. The convictions, historically, were not. That is rapidly changing.</description>
      <a10:updated>2026-07-23T22:00:00Z</a10:updated>
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      <title>A comparative analysis of the "failure to prevent" offence</title>
      <description>In recent years, South Africa has reportedly suffered economic loss exceeding ZAR 20 billion as a result of fraud. This has been accompanied by an estimated 44.47% increase in reported cases across various categories of fraudulent activity in 2024. </description>
      <a10:updated>2026-03-05T22:00:00Z</a10:updated>
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      <title>Forgotten influence in the mining industry: The procurement mafia</title>
      <description>It is understandably popular public opinion that the construction mafia is associated with the traditional sector of construction and the built environment. However, its influence is a highly negative phenomenon stretching far beyond the construction industry. </description>
      <a10:updated>2025-02-05T22:00:00Z</a10:updated>
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      <link>https://www.webberwentzel.com//News/Pages/the-employee-that-cried-wolf-malicious-whistleblowing-and-its-effects.aspx</link>
      <title>Part 1: The employee that cried wolf: Malicious whistleblowing and its effects</title>
      <description>Whistleblowing is widely regarded as a critical tool for promoting transparency and accountability in organisations. It allows individuals to report unethical behaviour or misconduct without fear of retaliation. </description>
      <a10:updated>2024-11-20T22:00:00Z</a10:updated>
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      <title>Part 2: Wolves in sheep's clothing: The importance of investigating malicious whistleblowing</title>
      <description>As discussed by Webber Wentzel's employment team, whistleblowing can be abused by those seeking to further their own ends or purposefully harm an individual or wider organisation.</description>
      <a10:updated>2024-11-20T22:00:00Z</a10:updated>
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      <link>https://www.webberwentzel.com//News/Pages/how-businesses-can-proactively-combat-the-scourge-of-the-construction-mafia-part-2.aspx</link>
      <title>PART 2: How businesses can proactively combat the scourge of the construction mafia</title>
      <description>In part 1 of this article, we provided a background to the Preferential Procurement Policy Framework Act (PPPFA) in the construction industry. While the PPPFA arguably created an unintended foothold for the construction mafia, we, fortunately, have the benefit of other legislation (including foreign frameworks), which (if enforced and/or adopted) can provide a strong foundation for combatting extortion, corruption and organised crimes.</description>
      <a10:updated>2024-11-19T22:00:00Z</a10:updated>
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      <link>https://www.webberwentzel.com//News/Pages/how-businesses-can-proactivity-combat-the-scourge-of-the-construction-mafia-part-1.aspx</link>
      <title>PART 1: How businesses can proactively combat the scourge of the construction mafia</title>
      <description>The issue of extortionist rackets impacting construction projects has escalated to such a degree that Police Minister Senzo Mchunu has name-checked the construction mafia several times in public since his appointment in July 2024, making it a priority for the current administration.</description>
      <a10:updated>2024-11-19T22:00:00Z</a10:updated>
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      <title>Forensic investigations: the vitality of due process and the promise of AI (with care)</title>
      <description>Fraud is among the most challenging crimes to combat in a large organisation. To stop fraudulent activity at the source, large organisations rely on a combination of anti-fraud legislation and internal policies and procedures.</description>
      <a10:updated>2024-11-18T22:00:00Z</a10:updated>
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      <title>A year of excellence: Webber Wentzel’s Forensic Services team marks a milestone</title>
      <description>A year ago, Webber Wentzel strengthened its commitment to providing top-tier forensic services by establishing a dedicated Forensic Services team. </description>
      <a10:updated>2024-11-17T22:00:00Z</a10:updated>
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      <title>Seizing the golden opportunity to build an effective compliance programme</title>
      <description>The recently published Corporate Alternative Dispute Resolution (C-ADR) mechanism aims to expedite justice and corporate accountability for companies accused of corruption and other criminal offences. </description>
      <a10:updated>2024-06-23T22:00:00Z</a10:updated>
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      <title>New Corporate ADR policy brings South Africa in line with international best practice</title>
      <description>The National Prosecuting Authority (NPA) recently published its Corporate Alternative Dispute Resolution (C-ADR) Policy, which allows the use of an alternative mechanism to resolve criminal cases against companies, as opposed to only relying on normal criminal court proceedings. Therefore, companies implicated in corruption may, in certain circumstances, avoid criminal conviction at a cost. The policy does not apply to individuals as directors (former or current), employees or other individuals involved in wrongdoing can still be prosecuted independently.</description>
      <a10:updated>2024-05-16T22:00:00Z</a10:updated>
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      <title> PRECCA updates emphasise third-party accountability and proactive anti-corruption</title>
      <description>South Africa is continuously suffering from the effects of corruption and drainage of resources, some of which were highlighted in the State Capture saga. Optimistically, significant changes have occurred in the public and private spheres to ensure that the industrial-scale corruption perpetrated does not continue to repeat itself. One such change is the recent signing of the Judicial Matters Amendment Bill into law by President Cyril Ramaphosa on 3 April 2024. Critically, the Bill expands culpability for corruption under Section 34 A of the Prevention and Combating of Corrupt Activities Act (PRECCA). </description>
      <a10:updated>2024-05-01T22:00:00Z</a10:updated>
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      <title>The Power of Proactive Fraud Detection and the evolution of fraud in the public sector</title>
      <description>Fraudulent activities, prevalent in both the private and public sector, pose significant challenges to organisations and their stakeholders. There has been a noticeable shift in employing different methods and tools (such as cutting-edge AI and data analytics) which are revolutionising fraud detection and prevention. </description>
      <a10:updated>2023-11-28T22:00:00Z</a10:updated>
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      <title>Podcast Series: The truth about fraud</title>
      <description>Fraud is a common law offense, which if not mitigated against, threatens the sustainability of businesses in both the private and public sectors.</description>
      <a10:updated>2023-11-12T22:00:00Z</a10:updated>
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      <title>Webber Wentzel's business crimes offering and expertise bolstered with a new team</title>
      <description>Lionel van Tonder and his team of experts, Inge Swanepoel, Danniel Kruger and Aaqilah Zahra Nagdee join Webber Wentzel's Dispute Resolution Practice, to grow its business crimes offering and expertise.</description>
      <a10:updated>2023-08-31T22:00:00Z</a10:updated>
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      <title>Webber Wentzel embraces Generative AI as part of its ongoing innovation journey</title>
      <description>Webber Wentzel is taking the lead on responsible Artificial Intelligence (AI) investment within the African legal landscape as part of its continued commitment to deliver an exceptional client experience and foster an open, creative, and entrepreneurial culture.</description>
      <a10:updated>2023-06-22T22:00:00Z</a10:updated>
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      <title>Minister of Finance increases maximum monetary fines for auditors</title>
      <description>South Africa's Minister of Finance increased the maximum fines that the Independent Regulatory Board for Auditors can impose on auditors for misconduct.</description>
      <a10:updated>2023-06-19T22:00:00Z</a10:updated>
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      <title>Supreme Court of Appeal strikes out the Mandatory Audit Firm Rotation Rule</title>
      <description>In a significant judgment for the auditing profession, the Supreme Court of Appeal has ruled that the Independent Regulatory Board for Auditors did not have the power to mandate audit firm rotation</description>
      <a10:updated>2023-05-30T22:00:00Z</a10:updated>
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      <title>South Africa has been greylisted; what are the implications for the country going forward?</title>
      <description>South Africa’s greylisting by the Financial Action Task Force (FATF) has significant implications for its economic growth and global competitiveness, but moves are already being taken to satisfy the FATF</description>
      <a10:updated>2023-02-23T22:00:00Z</a10:updated>
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      <title>Webber Wentzel recognised as 2022 South Africa Law Firm of the Year by Top Ranked Legal</title>
      <description>Webber Wentzel has been awarded the 2022 South Africa Law Firm of the Year in the EMEA Awards by Top Ranked Legal. </description>
      <a10:updated>2022-12-20T22:00:00Z</a10:updated>
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      <title>Webber Wentzel won the African Legal Awards for African Law Firm of the Year</title>
      <description>Webber Wentzel has been named African Law Firm of the Year (Mid-Large Sized Practice) at the 2022 African Legal Awards.</description>
      <a10:updated>2022-10-23T22:00:00Z</a10:updated>
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      <title>Whistleblowing in Africa</title>
      <description>The Webber Wentzel Dispute Resolution Team is proud to present this whistleblowing cross-jurisdictional guide. It focuses on 9 key questions across 8 African jurisdictions.</description>
      <a10:updated>2022-09-07T22:00:00Z</a10:updated>
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      <title>Update: Cabinet approves the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill Tabled before Parliament</title>
      <description>The General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill, 2022, which will make the necessary changes to avoid South Africa being “greylisted”, has been tabled.</description>
      <a10:updated>2022-08-31T22:00:00Z</a10:updated>
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      <title>Treasury proposes changes to its anti-money laundering and terrorist financing regime to fight potential greylisting </title>
      <description>On 18 August, the Minister of Finance published an explanatory note on the General Laws (Anti-Money Laundering and Combatting Terrorism Financing) Amendment Bill (the Bill), which National Treasury plans to table before the National Assembly in the third quarter of 2022.</description>
      <a10:updated>2022-08-25T22:00:00Z</a10:updated>
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      <title>22 Legal Developments for businesses to monitor in 2022</title>
      <description>We have collated a snapshot of key themes to track in 2022 and of 22 legal developments for the year which you will need to keep a tab on. In 2022, various legal developments are expected to have an impact on businesses, particularly in the fields of liability, ESG, digital and economic transformation. </description>
      <a10:updated>2022-03-22T22:00:00Z</a10:updated>
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      <title>Cybercrimes Bill signed by the President</title>
      <description>The Cybercrimes Bill has been signed by the President. This Bill will now be known as the Cybercrimes Act 19 of 2020. This development is a welcome move in the fight against the ever-increasing rise in online and internet-based crime.</description>
      <a10:updated>2021-06-01T22:00:00Z</a10:updated>
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      <title>Insider trading: recent fines imposed by the FSCA</title>
      <description>Recent significant fines imposed by the FSCA on Jooste and others for trading on inside information have highlighted the extensive powers contained in the Financial Markets Act and the dangers of insider trading</description>
      <a10:updated>2020-11-08T22:00:00Z</a10:updated>
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      <title>Data Breaches and POPI: Nowhere to hide</title>
      <description>The POPI clock is now ticking and everyone should be aware of what is required by these new laws.</description>
      <a10:updated>2020-07-15T22:00:00Z</a10:updated>
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      <title>Private Prosecution for Environmental Crimes Becomes a Reality in South Africa</title>
      <description>In South Africa's first ever successful private prosecution of environmental crimes, BP Southern Africa has been found guilty of constructing and upgrading fuel stations without obtaining environmental authorisation.</description>
      <a10:updated>2019-04-07T22:00:00Z</a10:updated>
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