Word: baksheesh
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Dates: during 1990-1999
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This new breed of auditor must be ready to tackle a wide range of topics. Are oil companies on schedule for cutting emissions of greenhouse gases, for example, or eliminating the disposal of natural gas by flaring? Do companies operating in countries where the ancient practice of baksheesh remains an accepted business method adhere to a zero-tolerance of bribery? Do manufacturers or retailers that receive supplies and goods from developing countries guard against child and slave labor? Are companies achieving goals aimed at employing more women and minorities...
Under the blazing morning sun a hodgepodge of military vehicles falls into sloppy formation on the dunes near the Mogadishu airport. Somali children sneak through shell holes in a wall to beg for food and baksheesh. Marines shoot souvenir snapshots of each other as the convoy slowly takes shape...
Salaries in Africa become living wages only by unofficial dealing -- by baksheesh, bribing, finagling, operating off the books, bartering, finding a thousand intricate routes around the occlusions of law and bureaucracy. A telephone-company repairman in Lagos earns $60 a month. Therefore, the only way one can get a phone repaired is to "offer him a little something" on the side; in one day the repairman can pocket his official pay. No tip, no repairs -- which may be why most phones in Lagos do not work...