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Capital flight

 

news by category: Capital flight

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Out of Africa, taxes

A leak of secret documents from Luxembourg reveals corporations avoiding paying tax, which can also mean less revenue for African treasuries

Confidential documents from PricewaterhouseCoopers leaked late last year revealed how about 350 companies around the world negotiated advantageous tax deals with the Luxembourg authorities. Africa Confidential has...


Where the money went

Much more money leaves Africa through Western banks than the West gives Africa as aid. Who gets the profits?

As the Group of Twenty (G-20) countries gets ready to meet in Canada for its economic summit on 26-27 June, African governments are preparing their pitch. This year,...


Higher taxes, says the OECD

Joining the call for tougher action on capital flight from poor countries, the Paris-based Organisation for Economic Cooperation and Development last month co-published a study with the African...


Displaying 1-3 out of 3 results.