South Africa’s Special Investigating Unit (SIU) has revealed that the country’s immigration system has been operating like a marketplace, with permits and visas effectively sold to the highest bidder. Investigators found that a small group of officials exploited weaknesses in the system for years, enriching themselves by accepting payments in exchange for issuing visas and residence permits.

The SIU has also traced financial gains exceeding $11 million linked to fraudulent visa applications, many of which were processed using fake or manipulated documentation.

Innocent Semosa spoke to Lebogang Ramafoko, Executive Director at Corruption Watch.

South Africa&rsquo;s Special Investigating Unit (SIU) has revealed that the country&rsquo;s immigration system has been operating like a marketplace, with permits and visas effectively sold to the highest bidder. Investigators found that a small group of officials exploited weaknesses in the system for years, enriching themselves by accepting payments in exchange for issuing visas and residence permits.
The SIU has also traced financial gains exceeding $11 million linked to fraudulent visa applications, many of which were processed using fake or manipulated documentation.
Innocent Semosa spoke to Lebogang Ramafoko, Executive Director at Corruption Watch.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

Business Africa

Africa in Business

The Special Investigating Unit reveals that South Africa's immigration system is operated like a marketplace

The 2023/2024 Global Entrepreneurship Monitor report shows that South Africa’s early‑stage entrepreneurial activity (TEA) has fallen below pre‑pandemic levels. The report notes that many people are turning to entrepreneurship out of necessity, seeking income in a challenging job market.

For those who choose to start their own businesses, experts recommend cultivating a strong understanding of the economic environment in which they operate, anticipating potential challenges, identifying hidden opportunities and navigating uncertainty with greater confidence.
Innocent Semosa spoke to Nellie Lester, Founder and Managing Director at WS & Co. Advisory.

The 2023/2024 Global Entrepreneurship Monitor report shows that South Africa&rsquo;s early‑stage entrepreneurial activity (TEA) has fallen below pre‑pandemic levels. The report notes that many people are turning to entrepreneurship out of necessity, seeking income in a challenging job market.
For those who choose to start their own businesses, experts recommend cultivating a strong understanding of the economic environment in which they operate, anticipating potential challenges, identifying hidden opportunities and navigating uncertainty with greater confidence. Innocent Semosa spoke to Nellie Lester, Founder and Managing Director at WS &amp; Co. Advisory.

SME Feature: Reality of leadership and entrepreneurship in South Africa's current economic climate

South Africa’s Tourism Minister, Patricia de Lille, officially opened the trade floor earlier today at Meetings Africa 2026. This year marks 20 years of the continent’s premier business‑events trade show, bringing together buyers and exhibitors from across Africa and beyond. Our reporter, Lebogang Mabange, has more.

South Africa&rsquo;s Tourism Minister, Patricia de Lille, officially opened the trade floor earlier today at Meetings Africa 2026. This year marks 20 years of the continent&rsquo;s premier business‑events trade show, bringing together buyers and exhibitors from across Africa and beyond. Our reporter, Lebogang Mabange, has more.

The continent's premier business‑events trade show Meetings Africa 2026 marks 20 years

Mozambique is set to receive approximately $6 billion in financing from the World Bank Group over the next five years. Finance Minister Carla Louveira says the funding will support economic growth through key development projects and initiatives aimed at accelerating national progress and creating jobs.

The financing package comes at a time when the country’s public finances are under mounting pressure, with the International Monetary Fund warning about deteriorating debt dynamics and rising fiscal risks. Innocent Semosa spoke to Policy and Research Advisor Helio Guiliche.

Mozambique is set to receive approximately $6 billion in financing from the World Bank Group over the next five years. Finance Minister Carla Louveira says the funding will support economic growth through key development projects and initiatives aimed at accelerating national progress and creating jobs.
The financing package comes at a time when the country&rsquo;s public finances are under mounting pressure, with the International Monetary Fund warning about deteriorating debt dynamics and rising fiscal risks. Innocent Semosa spoke to Policy and Research Advisor Helio Guiliche.

The Special Investigating Unit reveals that South Africa's immigration system is operated like a marketplace

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