Illicit financial flows (IFFs) continue to pose a huge problem, especially for developing countries. One of the main impacts is the hampering of countries’ ability to meet the UN sustainable development goals, because IFFs undermine the fiscal systems which are in place to collect government revenue, and reduce the amount of funds available for development Read more >
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CORRUPTION NEWS
Under pressure from corporate giants and the super-rich, governments have programmed tax and financial systems to prioritise the wealthiest over everybody else, wiring financial secrecy and tax havens into the core of the global economy, says the Tax Justice Network (TJN). The organisation released the 2025 edition of its annual State of Tax Justice report Read more >
OPINIONS
By Janine Erasmus, with collaboration from Transparency InternationalFirst published on BusinessLive In July finance ministers from G20 countries met in Durban and issued their first joint statement since October 2024. As the first G20 presidency on African soil is now in its final quarter, the communique provides important indicators of how the forum is faring Read more >
CORRUPTION NEWS
By Miroslav Palanský and Moran Harari First published on the U4 Anti-Corruption Resource Centre blog Corruption happens in two main stages. The first is the actual act of receiving something of value: a monetary bribe passed under a table, a public procurement contract awarded to a classmate from high school, a law quietly rewritten to Read more >
CORRUPTION NEWS
Image: International Monetary Fund The G20 Development Working Group (DWG) has released a document outlining its call to action for countries to adopt what it terms voluntary and non-binding high-level principles for combating illicit financial flows (IFFs). The DWG falls under the G20’s Sherpa track and is the key G20 forum for the discussion of Read more >
CORRUPTION NEWS
The Tax Justice Network (TJN) released the 2025 edition of its Financial Secrecy Index (FSI) on 3 June 2025, following on the previous edition released in 2022. The key finding, says the organisation, is that those countries who provide the most financial secrecy are clearly moving towards autocracy. Of this year’s top 10, says TJN, Read more >
OPINIONS
By Moepeng Valencia Talane – CW Voices There is something worrying and unnervingly consistent in the messaging around corruption by members of the executive in South Africa’s government, mostly because of the tone that is set and the words that are used. Yes, it’s important to reflect truthfully and call a spade a spade when Read more >
CORRUPTION NEWS
Image: AAACOA South Africa currently chairs the Botswana-based Association of Heads of Anti-Corruption Agencies in Commonwealth Africa (AAACOA). The country, in the person of Special Investigating Unit (SIU) head Adv. Andy Mothibi, recently assumed the chairperson’s seat from Ghana and will keep it throughout the 2025-2026 term. The handover took place during the closing session Read more >
CORRUPTION NEWS
The concept of a wealth tax is a current hot topic of discussion around the world. There are numerous arguments for and against the practice, with some saying a wealth tax might be inequitable and place more of a burden on the middle class than the rich, and others saying a moderate, progressive tax is Read more >