Business leaders pledge to root out graft

SOUTH African business and government leaders vowed yesterday to root out corruption as the world commemorated International Anti-Corruption Day.

SOUTH African business and government leaders vowed yesterday to root out corruption as the world commemorated International Anti-Corruption Day.

Futhi Mtoba, vice-president of Business Unity South Africa, called for "corporate accountability" and said corruption was increasing the cost of doing business in the country.

"We need business leaders to continue to commit to increase accountability and responsibility and contribute to efforts of ensuring an ethical public sector," he said.

"The effects of corruption include an increased cost of doing business, exploitative working conditions and poor products such as badly built houses and buildings.

"We need to recognise and reward individual members within our companies as we take a collective responsibility to fight this scourge."

Public Service and Administration Minister Richard Baloyi said: "If we all take a stand against corruption, the battle against this scourge will be won." - Sapa

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