The Publishing Scramble for Africa
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THE PUBLISHING SCRAMBLE FOR AFRICA A SALUTARY TALE OF OPPORTUNITY, BRIBERY AND CENSURE KEYNOTE ADDRESS DELIVERED BY MARK T. JONES DIRECTOR, CENTRE FOR INNOVATIVE LEADERSHIP NAVIGATION, LONDON
Transcript of The Publishing Scramble for Africa
THE PUBLISHING SCRAMBLE FOR AFRICA
A SALUTARY TALE OF OPPORTUNITY, BRIBERY AND CENSURE
KEYNOTE ADDRESS DELIVERED BY
MARK T. JONESDIRECTOR, CENTRE FOR INNOVATIVE LEADERSHIP NAVIGATION, LONDON
CORPORATE GOVERNANCE AND BUSINESS CONFERENCE
CGBC - BOSTON - USA 2012 19TH & 20TH JULY 2012
AFRICA – URBAN/RURAL POPULATION (%)URBAN (%)
1990-1995 32
2000 – 2005 38
2010 – 2015 44
2020 – 2025 48
2030 – 2035 50
RURAL (%)1990 -1995 68
2000 – 2005 62
2010 – 2015 56
2020 – 2025 52
2030 – 2035 50SOURCE:
AFDB BASED ON UN POPULATION DIVISION DATA
Photo source: Wikipedia
“OXFORD UNIVERSITY PRESS FINED £1.9M OVER BRIBERY BY AFRICAN SUBSIDIARY FIRMSFINE FOLLOWS HIGH COURT ACTION BROUGHT BY SERIOUS FRAUD OFFICE OVER “
LEONARD MCCARTHY, THE WORLD BANK'S INTEGRITY VICE-PRESIDENT, SAID: "OUP'S ACKNOWLEDGMENT OF MISCONDUCT AND THE THOROUGHNESS OF ITS INVESTIGATION IS EVIDENCE OF HOW COMPANIES CAN ADDRESS ISSUES OF FRAUD AND CORRUPTION AND CHANGE THEIR CORPORATE PRACTICES TO FOSTER INTEGRITY IN THE DEVELOPMENT BUSINESS.“
SOURCE: GUARDIAN 3/07/2012
“Macmillan pays out record £11m amid African bribery concerns
The High Court has ordered Macmillan Publishers to pay more than £11m for unlawful conduct by its Education Division in Rwanda, Uganda and Zambia.”
Source: The Independent 23/07/2011
Corruption is a complex social, political and economic phenomenon that affects all countries. Corruption undermines democratic institutions, slows economic development and contributes to governmental instability. Corruption attacks the foundation of democratic institutions by distorting electoral processes, perverting the rule of law and creating bureaucratic quagmires whose only reason for existing is the soliciting of bribes. Economic development is stunted because foreign direct investment is discouraged and small businesses within the country often find it impossible to overcome the "start-up costs" required because of corruption.
Source: United Nations Office on Drugs and Crime
www.unodc.org
Chart of reasons for bribery in an emerging economy. (2008) Source: Trace International
https://secure.traceinternational.org
Chart of requested form of bribes in an emerging economy. (2008) Source: Trace International https://secure.traceinternational.org
The Bribery Act (2010)
The Act came into force on the 1st July 2011 and includes three key bribery offences:
•Bribing another person
•Bribing of a foreign official
•Failure of a commercial organisation to prevent bribery
The guidance is based on six principles:
1.Proportionate procedures bribery prevention procedures should be proportionate to the bribery risks the organisation faces and to the nature, scale and complexity of its commercial activities
2. Top-level commitment -the top-level management should be committed to preventing bribery and should foster a culture in which bribery is never acceptable.
3 Risk assessment -the nature and extent of exposure to potential external and internal risks of bribery should be assessed and documented periodically.
4. Due diligence -due diligence should be carried out in relation to third parties who will perform services on behalf of the organisation.
5. Communication (including training) -bribery prevention policies and procedures should be embedded and understood throughout the organisation.
6. Monitoring and review -bribery prevention procedures should be monitored, reviewed and, where necessary, improved.
Useful sources
http://fairwhistleblower.ca/
http://www.justice.gov.uk/guidance/docs/bribery-act-2010-guidance.pdf
http://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Documents/PDF/Advisory/
23816NSS_Global_ABC_Survey.PDF
http://www.transparency.org
Last word
“Every man has his price.”
Sir Robert Walpole (1676 – 1745)
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