Day: March 5, 2022

The EACC is a public body established under Section 3 (1) of the Ethics and Anti Corruption Commission Act, 2011. As per Section 4 of the Act: The Commission shall consist of a chairperson and two other members appointed according Read More …

1. Trade and Investment Impacts Corruption distorts markets and, like other forms of anti-competitive behaviour, damages all involved in the supply of goods and services – and ultimately national economies. No country is immune from corruption. It flourishes where the Read More …

Corruption is a form of dishonest or unethical conduct by a person entrusted with a position of authority, often to acquire personal benefit. Corruption may include many activities including bribery and embezzlement, though it may also involve practices that are Read More …

Extortion It occurs where one party makes threats against another party of adverse consequences unless demands, usually for payment, are met by the other party. The extortion may constitute, for example, refusal to provide customs clearance for equipment or materials, Read More …

Bribery is the offering, giving, receiving, or soliciting of something of value for the purpose of influencing the action of an official in the discharge of his or her public or legal duties. The expectation of a particular voluntary action Read More …

Essentially, FTAs are designed to reduce the barriers to trade between two or more countries, which are in place to help protect local markets and industries. Trade barriers typically come in the form of tariffs and trade quotas. One such Read More …