South Africa

A sophisticated financial market and a deep mining history sitting on top of state capture, an unreliable power supply and weak enforcement; the accounting-fraud and corruption literature is the most useful for investors.

9 books

Start here

  1. Truth to PowerAndre de Ruyter, 2023
  2. Shadow StateIvor Chipkin, Mark Swilling, Haroon Bhorat, 2018
  3. Diamonds, Gold, and WarMartin Meredith, 2007

Books 9

Martin Meredith · 2007 · How the mining houses and their financiers created the modern economy.
Tom Burgis · 2015 · How African resource rents are extracted through shell companies and intermediaries.
Ivor Chipkin, Mark Swilling, Haroon Bhorat · 2018 · The academic anatomy of state capture, written from the procurement documents.
Andre de Ruyter · 2023 · Insider: the Eskom CEO on why the power supply cannot be fixed.
Adriaan Basson, Pieter du Toit · 2017 · The Zuma years assembled into a single narrative of capture.
Crispian Olver · 2017 · Municipal tender corruption reconstructed from the inside.
Pieter-Louis Myburgh · 2017 · The state-capture network and how state enterprises were monetised.
Rob Rose · 2018 · Steinhoff: the largest accounting fraud in South African corporate history.
Pieter-Louis Myburgh · 2019 · Procurement capture inside the governing party.