German software firm SAP pays R4-billion criminal fine in bribery settlement.

The German software giant SAP has agreed to pay 4.1-billion-rand to settle bribery investigations in South Africa and the United States. News24 reports the company admitted that it paid bribes to win contracts from state-owned enterprises, including Eskom, during the era of state capture. The settlement was reached with the US Justice Department, the Securities and Exchange Commission, and South African authorities. SAP says it has taken steps to prevent such misconduct in the future and to enhance its compliance and ethics programme.