President Cyril Ramaphosa says that while substantial progress has been made on the State Capture Commission's recommendations, work is ongoing — with high-profile prosecutions accelerating, new cases reaching the courts, and the finalisation of the Whistleblower Protection Bill and the National State Enterprises Bill.

On Monday the Presidency released an updated progress report on the implementation of actions from recommendations of the State Capture Commission, which has also been sent to the Speaker of the National Assembly Thoko Didiza and the chairperson of the National Council of Province Refilwe Mtshweni-Tsipane.

Further, Ramaphosa wants to prioritise the amendments of the South African Revenue Service (Sars) Act based on the Nugent Commission recommendations and the finalisation of the anti-corruption architecture proposals that are currently under consideration.

The State capture progress report for the fourth quarter of the 2024/25 period, reveals that of the 60 actions identified in the President's October 2022 Response Plan, 48% are complete or substantially complete, 23% are on track and 29% are delayed but receiving attention.

Ramaphosa’s spokesperson Vincent Magwenya pointed out that four State capture-related cases had already concluded with guilty verdicts.

He said government had achieved “remarkable success” in recovering stolen public funds, with total recoveries now reaching nearly R11-billion.

This is an increase from the R2.9-billion reported in October 2022 and includes R2.9-billion recovered by the Special Investigating Unit and R8-billion by the Asset Forfeiture Unit.

“Additionally, assets worth R10.6-billion are currently under restraint or preservation orders, indicating significant additional recoveries to come. Major recoveries include settlements from ABB (R2.55-billion), McKinsey (R1.12-billion), and SAP (R1.16-billion),” he added.

Ramaphosa said the progress outlined in this report demonstrated the Presidency’s “unwavering commitment” to ensuring that those responsible for State capture were held accountable and that the “systemic weaknesses” that enabled State capture were permanently addressed.

“…however, our work is far from complete. We remain committed to the full implementation of the State Capture Commission's recommendations and to rebuilding public trust in our institutions,” he said.