• ACTis has not raised any flags for Coega.
• Coega exhibits sound governance and effective internal controls; it has received clean, unqualified audit reports for six consecutive years.
• Under the current Board and executive committee, isolated cases of corruption have been addressed through disciplinary and legal action. Some legacy investigations, including the fencing tender, remain under investigation and require continued monitoring.
• Involvement in large infrastructure projects increases Coega’s exposure to procurement fraud and the risks of dealing with a wide range of stakeholders with different vested interests, highlighting the need for ongoing oversight.