Economic crime in SA increases – PwC report
JOHANNESBURG – The value of economic crime has increased in South Africa, while the rate of reported economic crimes decreased for the first time in ten years, according to a PwC report.
PwC said that the percentage of South African organisations who have experienced economic crime has significantly declined in 2020 returning to levels last seen in 2011.
The rate of reported economic crime has dropped 17 percentage points from 77% in 2018 to 60% this year. These are some of the key findings from PwC’s biennial Global Economic Crime and Survey – 7th South African edition, issued today.
Source: iol.co.za
