Posts

Commonly-cited global corruption statistics are flawed, says U4

By Kwazi Dlamini US$1-trillion paid in bribes every year. Up to 30% of development aid lost to corruption annually. Corruption costs about 5% of global GDP every year. We hear these statistics quoted often in articles, reports, interviews, and more, but do we actually know how accurate these frightening figures are? Oslo-based anti-corruption advice team Read more >

Namibia removed from list of tax havens

Original source: Reuters European Union (EU) finance ministers removed Namibia from the bloc’s blacklist of tax havens on Tuesday after it committed itself to changing its tax rules and practices, the EU said. The Economic and Financial Affairs Council established the list in December 2017, with the overall goal of improving tax good governance globally Read more >