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Strive Masiyiwa: How I Deal With Corruption (plus,speech Download) | #qd™101 - Business - Nairaland

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Strive Masiyiwa: How I Deal With Corruption (plus,speech Download) | #qd™101 by AmInspired247(m): 11:23am On Oct 22, 2015
One of the questions, I am often asked by people who want to invest in Africa, is how do I deal with people demanding bribes…. My answer is really quite simple: I have never had any difficulty with saying, “NO”.

Corruption only occurs at the point you decide to participate; it takes two. There is the one demanding it, and the one who pays it. And really this is how we fight it: each one of us, saying ‘NO’. For me personally, dealing with corruption has never been difficult because of my faith.
In my own mind, to quote, the Apostle Paul, “I am fully persuaded” that there is no person or force, in all the universe, that has the capacity to stop something which God has given me. This is a deep, deep conviction for me. I believe that I will never ever be disadvantaged because I walked away from a corrupt deal. In fact, on this the Bible is clear: if I walk away, or lose anything because of my conviction that it is wrong, God will replace it with something much bigger and better,..”in this life” (Mark 10:29- 30).

Sometimes I have been viciously persecuted, because of my stand against corruption, at other times, I have had to wait for years, because some corrupt individual or individuals, were blocking our way. And always I prevailed, because, “faith abides” (it never, ever, fails).

Ironically some of the worst corruption I have witnessed, was not in governments, but in the private sector. Some of the most corrupt people I have known were not Africans, but, we as Africans must take responsibility, individually, and collectively, to fight corruption.
I could write a book about what happens to you spiritually when you accept a bribe, or offer one, but I will not do so, today. And for those of you who do not consider the spiritual perspective, let me rather respectively, say this:
We would not, as Africans, need aid from anybody if we tackle corruption; no child would sleep hungry if we tackle corruption; there would be no injustice, if we tackle corruption; every child will be in school, if we tackle corruption. The most powerful force, against corruption begins with one person, saying “NO”.

In one country we had a contract on which we earned over US$30 million a year. It was very important for our business. Two very powerful politicians demanded that I pay them a bribe of US$8 million to keep the contract. I refused.
They had our contract cancelled and we were thrown out. Then they replaced us with one of our largest global competitors from Europe, whose executives immediately paid the bribes. I reported them to the US Justice Department, as they are listed on the New York Stock Exchange.
They admitted that their officials had paid the bribes and fired the officials. They left the country. One of the politicians was later indicted for corruption and is now serving a 13-year jail sentence.

Years later we returned to the country and we are building our presence in that wonderful country again.
In another country, we submitted a tender on privatisation and we were recommended as the best by the international investment bankers advising the government of that country. The deal was worth hundreds of millions to us. We waited and waited for an announcement, but none came.

Then I was invited to the State House. The son of the President asked for a 20% stake in exchange for us being given the award. I refused and withdrew our bid. I have no regrets.
When the President had lost an election, we returned to that country and got an opportunity to set up and we are doing very well.
In yet another country, a retiring African President invited me to come and see him. He told me he had heard a lot of good things about our company. He said he wanted to issue one more licence before he left office and he felt that we should have it because we were an African company.

He then suggested that I find a way to accommodate him quietly off shore, as he “needed something in retirement”. I politely told him that I was not interested in the licence. We are yet to return to that country, but we will one day.
In one of Africa’s most respected countries, a policeman asked me for my driver’s licence as I drove to church one morning with my family.
I told him that I had forgotten it at home. He said that I had committed an offence, which I immediately accepted. Instead of giving me a ticket, he suggested that I pay him something.

I refused. He then threatened to arrest me and I said it was fine and he could go ahead. Several of his colleagues surrounded us, even verbally abusing me saying I would be deported because I was a foreigner.

I kept quiet. I never raised my voice, or was animated. I simply asked that they either arrest me, or issue me a ticket. After a while they said we could go. I refused and insisted they ticket me as they had an obligation to do so under the law. Now, they were totally terrified!
We have continued to prosper in that nation, but I never forget my licence when I drive a car!
Strive Masiyiwa is the founder and chairman of global telecommunications group, Econet Wireless. He currently serves on a number of international boards including the Rockefeller Foundation, the Advisory Board of the Counsel on Foreign Relations, the Africa Progress Panel, Agra, the UN Sec. General’s Advisory Boards for Sustainable Energy, and for Education. He is a juror of the Hilton Foundation’s Humanitarian Prize. He is also one of the founders, with Richard Branson of the global think tank, known as the Carbon War Room.
Get mentored by Strive Masiyiwa on Facebook@ https://www.facebook.com/Strive-Masiyiwa-496453373762496/

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