Financial Disclosure Requirements in South Africa 2004–2008 Holding Elected Politicians Accountable

"This paper starts with a brief conceptual discussion of conflicts of interest and offers practical and concrete examples of conflicts of interest that have arisen in South African public life. It then provides a brief description of South Africa’s formal regulatory framework for financial disclosure requirements before turning to its main objective, which is to provide a detailed critique of the practical implementation of disclosure practices in South Africa. Drawing strongly on empirical data, the paper examines and evaluates the various aspects of the implementation process of financial disclosure for South Africa’s elected officials. These include the scope and content of disclosure requirements, compliance by elected officials,institutional support and capacity for disclosure,monitoring and oversight mechanisms and public access to information."