Browsing: corruption in Africa

de-ruyter-corruption

Corruption at Eskom eats South Africa’s economic growth

Countries
  • In 1923, South Africa had over 40 municipalities and 18 private companies, each struggling to dominate the industry.
  • Despite the efforts of the SA government to ensure no severe loss, the power outages alone have caused its economy's GDP to reduce by 1.3%.
  • Eskom is about $25.6 billion in debt, which stems from its days as Escom.

Eskom's corruption and inability to provide suitable power is plaguing South Africa's economy. The persistent power shutdowns, or load shedding as it is known in South Africa, has significantly hindered the country's economic growth despite steadily leading Africa's technological revolution. While weathered power plants have contributed to the meltdown, corruption has been the single biggest contributor to the current power crisis.  

South Africa is the most industrialized country in Africa. According to Statista, South Africa had the second-highest GDP in 2021 and pioneered Africa in the 4th Industrial revolution. Unfortunately, it is also

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ww.theexchange.africa

South Sudan, 19 other countries listed as Africa’s most corrupt

Countries

As previously noted by Afrobarometer, most citizens in at least 18 countries said things had worsened between 2019 and 2020.

Those sampled said their governments were doing too little to control corruption, with most saying they would risk retaliation should they get involved in reporting the vice. The report found that on average, across 18 countries, six in 10 Africans (59%) say that corruption increased in their country during the previous year, including 41% who say it increased.

Perceptions that corruption is getting worse are most widespread in Gabon (82%), Lesotho (79%), and Mali (74%), as well as in Namibia (74%) — even though survey fieldwork in Namibia was completed before the #Fishrot corruption scheme was exposed in November 2019.…