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The lack of employment opportunity often depresses the job-seeker.As long as there remains an unbridgeable gap between the employment needs and employment opportunities, it remains difficult to get a job, and there would always be people to exploit their needs.Corruption and bad management practices eat into the nation’s wealth, channelling money away from such projects and the very people most dependent on government for support.
Other organisations refuse to do business with them.
And donors or economic organisations grant fewer loans or aid to nations whose governance is murky.
But it is time to realize that it is more a question of public morality, of individual conscience and initiative than efficient administration to eradicate all such vices and corruptions.
It threatens sustainable economic development, ethical values and justice; it destabilises our society and endangers the rule of law.
Failure to adhere to the practices of good governance means stakeholders increasingly demand accountability. The sale of shares by investors decreases the value and rating of companies.
Mass action and strikes are organised in protest as citizens begin to lose faith in the ability or willingness of their elected officials. Their regulators can deny them licences, a stock exchange listing or the ability to sell products and services.
Many acts of corruption deprive our citizens of their constitutional and their human rights.
Corruption and international perceptions of corruption in South Africa has been damaging to the country’s reputation and has created obstacles to local and foreign direct investment, flows to the stock market, global competitiveness, economic growth and has ultimately distorted the development and upliftment of our people.
Fight Against Corruption Corruption is a burning national issue.
We must all come together for our ‘fight against corruption‘.