During a panel discussion at the 2024 Investing in Africa Mining
Indaba, held in Cape Town in the week of 5 February, panellists
engaged on the main corruption risks in mineral supply chains, the
steps companies should take to adequately address bribery and
corruption risks, challenges and opportunities for law enforcement
and the role of strategic partnerships.
Bribery and corruption has long been back-of-mind in the mining
industry, but often not talked about. The industry remains
vulnerable to risks, particularly due to government interaction and
administrative procedures. The high influx of capital and
fast-paced nature of the industry, coupled with weak local
governance exacerbates the issue.