Africa Loses \$88 Billion Annually to Illicit Financial Flows, Warns African Union
The African Union (AU) has raised alarm on August 31 over illicit financial flows draining nearly $88 billion from the continent every year. These transactions, […]
tax evasion
Mozambique: Public Prosecutor accuses Chinese who defrauded the state of more than $13.5 million
Chinese businessman Jiye Zhou is accused by the Public Ministry of Mozambique of money laundering and tax evasion, causing losses of 862 million meticais (over […]
Tax evasion costs Africa $25 billion a year, a research reveals
Tax evasion costs Africa more than US$25 billion a year, according to a study conducted by a network of NGOs, including the Global Tax Justice […]
Tanzanian president fires minerals minister, state-run Audit Agency chief
Tanzania’s President nicknamed “The Bulldozer”, and reputed to be a no-nonsense, results-driven politician, fired the mining minister and the chief of the state-run mineral audit […]