CORRUPTION NEWSIFF tracker identifies SA’s main vulnerability as outward foreign investment 15 Jun 2021, 8:35 Image: Michael Kuhlmann for UNCTAD Over one trillion dollars. That’s the amount of money that Africa is estimated to have lost in illicit financial flows (IFFs) over the past 50 years (Kar and Cartwright-Smith, 2010; Africa Growth Initiative, 2020). The current estimate is an annual amount of around $50-billion, and possibly more – a significant Read more >
CORRUPTION NEWS Implementing and Enforcing the AUCPCC: a comparative review 15 Feb 2021, 14:39 Transparency International’s (TI) new report, titled Implementing and Enforcing the African Union Convention on Preventing and Combating Corruption: a Comparative Review, examines 10 African states in terms of the state of implementation of the AUCPCC. They are Côte d’Ivoire, the Democratic Republic of Congo (DRC), Ethiopia, Ghana, Morocco, Mozambique, Nigeria, Rwanda, South Africa and Tunisia. Read more >
OPINIONS Corruption doesn’t have a colour 15 Jul 2020, 9:30 By Adjoa Adjei-TwumFirst published on Modern Ghana Africa has always been perceived by western nations as a corrupt continent, with almost all the international organisations and rating agencies rating the continent as high risk. But the truth is that corruption has always existed in different forms and is not determined by politics or geography. It Read more >
OPINIONS Africa can clamp down on illicit flows by using AUCPCC effectively 10 Jul 2020, 17:25 By Sabeehah Motala Illicit financial flows (IFFs) are costing Africa $30-billion to $40-billion per year and have eroded African countries’ tax bases, hampering their abilities to respond effectively to Covid-19 emergency needs. Lockdown, states of emergency, and all the accompanying implications mean that developing states are more vulnerable than ever to the possibility of illicit Read more >