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Gibs releases anti-corruption guide for SA companies

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‘It's about preventing corruption, but it's also about helping companies implicated in corruption achieve a kind of rehabilitation,’ says Gideon Pogrund, founding director at the Gibs Centre for Business Ethics.

JEREMY MAGGS: Funding from Business Leadership South Africa [BLSA] has enabled the Gordon Institute of Business Science [Gibs] to produce a much-needed guide for South African companies and their ability to fight and identify corruption. Gideon Pogrund is the founding director at the Gibs Centre for Business Ethics and is with me now. So, Gideon, what inspired the creation of this guide and what impact do you foresee it having on South African business?GIDEON POGRUND: Thank you, Jeremy.

JEREMY MAGGS: Gideon, what role then does business have actively in combating corruption? I’m wondering to myself, to an extent, whether it has abrogated that responsibility in the past. GIDEON POGRUND: Yes, indeed. Our Centre for Business Ethics at Gibs hosted Professor Phil Nichols from the Wharton School of Business, and Professor Nichols is one of the world experts on corruption. He’s travelled to 110 countries, advising governments, institutions and companies. We hosted him at the end of last year and we held a series of round tables with business and civil society leaders, which he was present.He knows South Africa well; he’s read the whole Zondo Report.

 

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