Governments and corporates need to ensure the delivery of vital goods and services to protect citizens and equip state facilities
Governments and corporates must ensure delivery of vital goods and services to protect citizens and equip state facilitiesThe Covid-19 pandemic is the most challenging global economic disaster the world has witnessed in a generation. The pressure on individuals, governments and corporations is taking its toll, with the impact felt at macro and micro levels.
This presents a balancing act between the necessary flexibility of governance and compliance processes, and the countering need to ensure fraud and corruption does not abound as a result of the relaxing of internal controls and processes. In the 11 weeks that SA has been under lockdown, there have already been several reports of lucrative government contracts being awarded to favoured or connected service providers.
Now more than ever at the corporate level there will be pressure to be seen to be a good corporate citizen by a public that is economically depressed and fatigued. In good times the reputational damage to companies that are viewed as having corruptly taken advantage of governments is huge.
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