Posts

What is a tax haven? Offshore finance, explained

In May 2020 Mauritius, curiously one of the African countries that perform well on the annual Corruption Perceptions Index, was listed by the European Commission (EC) as a high-risk country for money laundering and funding of terrorism. It was joined on the revised EC list by Botswana, Ghana, and Zimbabwe, among others. The former is Read more >

Turning big data in Africa into an anti-corruption tool

By Dr. Elizabeth Dávid-Barrett First posted on the Global Anticorruption Blog Many anti-corruption advocates are excited about the prospects of “big data” helping to detect and deter graft and other forms of malfeasance. As part of a project in this vein, titled Curbing Corruption in Development Aid-Funded Procurement, Mihály Fazekas, Olli Hellmann, and I have Read more >

World Whistleblowing Day, 23 June 2017

Today, 23 June, is World Whistleblowing Day, an occasion to reflect on the strong ethics, determination to do what’s right, and sometimes outright bravery shown by those who decide that they cannot turn a blind eye to corruption. At Corruption Watch, our work is driven by our reporters. Many risk their safety, their jobs and Read more >

Public reporting would curb illicit outflows from SA

They come, they see and – due to relaxed tax and finance laws, or legal firms that have perfected the art of tax avoidance – they conquer a lot more than they invest in Africa. These are multinational companies that find loopholes in the legislation of the continent’s poorest countries and are able to dodge Read more >

Panama Papers and offshore tax havens

With Hanna Ziady First published on Moneyweb Image by Mark Lewis Corruption Watch’s executive director David Lewis spoke to financial journalist Hanna Ziady of Moneyweb on Monday, regarding the implications of the leaked Panama Papers, a story that had broken over the weekend. Read the transcript below: Hanna Ziady (HZ):  It has been described as Read more >

TI calls for immediate action against secret companies

A global investigation, involving some 400 journalists from 80 countries, into the use of secret companies by the rich, powerful and corrupt has shown how a network of lawyers, bankers and others around the world hide illicit wealth. Transparency International (TI) calls on the international community to act immediately to adopt transparency laws to outlaw secret Read more >