Abstract

By trying to see how one can use African values to fight against fraud, the paper attempts to bring out the structural dimension of this moral cancer by showing how it is linked to the ethical and economic/business systems where it thrives. I start by making some theoretical remarks about how values are to be placed in each socio‐cultural setting. An analysis of how the free market economy as a system creates conditions where fraud becomes possible then follows. This is contrasted with an analysis of the African worldview and economic system where the starting point is that material and human resources abound, provided they are shared. The paper ends by suggesting ways in which African ethical values can be merged with the dominant economic system.