FINANCIAL CRIME IN SOUTH AFRICA

Louis De Koker

Economic Affairs, 2007, vol. 27, issue 1, 34-38

Abstract: During the 1990s economic crime began to spiral in South Africa. This phenomenon coincided with the country's transition to a democratic state. The article outlines a number of steps that South Africa took to align its laws with international standards and to improve the legal tools of law enforcement to address the crime wave. A number of successes, for instance the improvement in tax morality, are pointed out but it is argued that co‐ordination and co‐operation between law enforcement agencies require more attention.

Date: 2007
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