Advancing beneficial ownership and transforming procurement systems in South Africa
Republic of South Africa
In the six months from September 2020, Open Ownership undertook a lightning intervention in South Africa. The project was funded by the UK Foreign, Commonwealth and Development Office, and you can read the bite-sized report here.
- The project enabled Open Ownership to successfully build relationships with key government agencies involved in reform, as well as with local and external stakeholders.
- Open Ownership’s work over the six month project, and its direct engagement with stakeholders, increased the knowledge and capacity of key actors to understand the benefits of using beneficial ownership data within procurement.
- The Transforming Procurement Systems pilot was effective because it offered practical solutions to known governance challenges which our partner governments are prioritising. This led to Open Ownership identifying scope and need for further technical assistance and capacity-building activities during 2021-22.
Related articles and publications
Beneficial ownership transparency of trusts in South Africa
This briefing describes the background applicable to the beneficial ownership transparency (BOT) of trusts, and also discusses South Africa’s BOT of trusts regime through the framework of the Open Ownership Principles
Published: 12 December 2022
An introduction to trusts in South Africa: A beneficial ownership perspective
This briefing provides background information on the origins, elements, and classifications of trusts in South Africa relevant to the discussions on national beneficial ownership transparency reforms, and serves as background to the Open Ownership briefing, Beneficial ownership transparency of trusts in South Africa.
Published: 14 November 2022