Nigeria’s war on corruption suffered several body blows this month after Ibrahim Magu, the chief of its Economic and Financial Crimes Commission (EFCC), was suspended on suspicion of malfeasance, including collecting bribes and siphoning funds away from the EFCC. A dozen more staff members within the anti-corruption agency were subsequently…
The European Union has placed the Indian Ocean island nation of Seychelles on its “taxation blacklist,” which it says is meant to encourage good governance and help countries reform their tax-haven policies. The EU list of “non-cooperative jurisdictions” now includes 12 nations listed because of concern that their policy environments…
One week after a new investigation into tax policies in Mauritius was published by the International Consortium of Investigative Journalists, the ICIJ said it has seen international response to the reporting and concerns over allegations from officials in the Indian Ocean island nation. The project, a collaboration of 54 journalists…
A new investigation into the role of Mauritius in offshore tax avoidance – an investigation aided by a leak of more than 200,000 documents from one law firm – suggests that plenty of poor African nations are harmed by the loss of revenue. That’s according to the International Consortium of Investigative…
The launch of a new investigative journalism series has all eyes on West Africa, where the International Consortium of Investigative Journalists (ICIJ) has partnered with reporters in 11 countries to, among other things, track down money in offshore tax havens and expose the elite clientele connected to the funds. “Leaked…
It’s not been two weeks since World Bank released its annual “Ease of Doing Business” report, which ranks countries on their business-friendly environment. It named Mauritius as the best country in Africa – less than two points behind Germany, and ahead of Thailand, Spain, France and Japan. What’s clouded this…
Laureen is the editor of Africa Times