What South Africa's Reserve Bank can -- and can't -- do about illicit financial flows: South African Reserve Bank deputy governor and registrar of banks, Kuben Naidoo, has the tough task of curbing money laundering. Supplied by SARBDeveloping nations are facing a rising wave of illicit financial flows and money laundering. In South Africa the country’s Reserve Bank is at the … [Read more...] about What South Africa’s Reserve Bank can — and can’t — do about illicit financial flows | The Conversation
Flows
FDI flows to Africa threatened by global economic uncertainty – governments and investors gather to discuss possible solutions
APO News from Africa: FDI flows to Africa threatened by global economic uncertainty – governments and investors gather to discuss possible solutions: At a Roundtable event in Nairobi, Ministers from across Africa sat together with investors and the private sector to determine how best to tackle the investment and credit risk hurdles in order to make African risks … [Read more...] about FDI flows to Africa threatened by global economic uncertainty – governments and investors gather to discuss possible solutions
UN Chiefs Call for International Solidarity to Address Migrant and Refugee Flows in Libya
UN Chiefs Call for International Solidarity to Address Migrant and Refugee Flows in Libya: The Director-General of the International Organization for Migration William Lacy Swing, the UN High Commissioner for Refugees Filippo Grandi, the UN High Commissioner for Human Rights Zeid Ra'ad Al Hussein and the Special Representative of the UN Secretary-General for Libya Martin … [Read more...] about UN Chiefs Call for International Solidarity to Address Migrant and Refugee Flows in Libya
Workshop set for Nairobi as ECA and partners scale-up efforts to stem illicit financial flows from Africa
Workshop set for Nairobi as ECA and partners scale-up efforts to stem illicit financial flows from Africa: In its continuing efforts to stem illicit financial flows from Africa, the Economic Commission for Africa (ECA) and its partners will next week host a validation workshop in Nairobi, Kenya, to, among other things, establish a clear work plan and deliverable actions for the … [Read more...] about Workshop set for Nairobi as ECA and partners scale-up efforts to stem illicit financial flows from Africa
Africa needs to develop new ways of stemming illicit financial flows | The Conversation
Activists outside the European Commission show their disdain for existing measures against tax evasion and money laundering. REUTERS/Yves HermanOver the last 50 years African countries have lost about $ 1 trillion to illicit financial flows. This equates to around $ 50 billion a year and is equivalent to all the official development assistance received by the continent over … [Read more...] about Africa needs to develop new ways of stemming illicit financial flows | The Conversation
