News Letters

2019, A difficult but productive year

In 2019 we successfully introduced the Companies and Intellectual Properties Commission (CIPC) data onto WOWEB, which gives users access to all registered companies in South Africa. While the information is limited and is provided by the company itself or an outsourced third party and has not been validated, it is useful to have access to the full South African business universe. Read More

African Opportunity

South African imports from Africa have grown by a multiple of five to 12% of total imports since 1995 and its exports to the continent have almost doubled from 14% to 27% of total exports over the same period, positioning it second only to Asia as the major exporter to the continent.  As such it is interesting that Who Owns Whom has recently had a number of report requests on the food and beverage, telecoms and energy industries in Angola, Eswatini, Kenya, and Mozambique. Read More

Fighting Corruption, Money Laundering And Terrorist Funding

Murky ownership details give crooks places to hide Companies profiled by Who Owns Whom researchers are allocated a transparency rating based on their willingness to disclose information about themselves, from 1 (opaque) to 10 (fully transparent). Of the 15,241 active companies on file, 32.76% scored above 6. While this is a material percentage, it indicates that we still have some way to go to convince our business community that transparency is more conducive to a functional society than secrecy. Read More

Know your client

The global fight against corruption, money laundering and terrorist funding activities has seen the obligation to ‘know your client’ become an inexorable international trend, which has been brought even closer to home with the Gupta, VBS, Steinhoff and Bosasa delinquencies. To bring South Africa in line with international efforts and to meet our commitments to the G20 in this regard, government promulgated The Financial Intelligence Centre Act (Fica) of 2001 (amended in 2017) to create the Financial Intelligence Centre, which has become one of the most effective institutions fighting corruption and crime in our society. Read More