Written by Elani Vogel | Published on April 2026
In a November 2025 report, procurement fraud was experienced by 56 percent of African respondents, dwarfing cyberfraud at 23%.
This is according to “Combatting fraud in a perfect storm”, published by the Association of Chartered Certified Accountants (ACCA).
By comparison, the global prevalence of cyberfraud is 39%, followed by procurement fraud at 34%.
“As Africa’s largest economy, South Africa contributes significantly to this shocking statistic and needs to take proactive, preventive measures to rein in procurement fraud,” says Elani Vogel, senior forensic manager at Loxton Forensics.
This is especially true as a revitalised National Prosecuting Authority starts to enforce legislation that is set to curb corruption and hold business entities accountable.
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