Corruption erodes SA economy - Sacci

The Global Corruption Barometer survey found 40-50% of S.Africans paid a bribe over the past year.

CEO of Sacci Neren Rau speaking in Johannesburg, 18 June 2010. Picture: WikiCommons/Marcello Casal Jr

JOHANNESBURG - High levels of corruption are eroding the very foundation of society and stifling job creation, the South African Chamber of Commerce and Industry (Sacci) warned on Wednesday.

It was responding to the latest Global Corruption Barometer survey, which found between 40 and 50 percent of South Africans have paid a bribe over the past year.

This puts South Africa at roughly twice the global average of around 25 percent.

The survey showed that a number of bribes were paid in order to secure essential services.

Sacci CEO Neren Rau said the chamber is "deeply concerned" about the reports.

"Corrupt activities represent a loss of legitimate economic value to society."