Across Africa, the development path is paved not just by foreign aid or external debt but increasingly by the strategic mobilisation of domestic public resources. For over a decade, the …
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The problem of tax evasion, especially by high-net-worth individuals and multinational corporations, has plagued economies for decades. These entities have historically hidden financial assets across borders, using tax havens and …
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Uganda Takes Aim at Trillion-Shilling IFF Drain with Innovative Tracker Tool
Uganda is boldly moving to stem the tide of illicit financial flows (IFF) that siphon an estimated UGX 2 trillion from its economy annually. The nation is set to pilot …
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Africa is estimated to lose $88 billion annually to illicit financial flows, translating to about sh325 trillion. Of this, Uganda alone is estimated to lose sh2 trillion every year. The …
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Over 100 participants have gathered in Ouagadougou, Burkina Faso, for a crucial two-day workshop focused on strengthening tax communication across Africa. The event, which opened today, brings together tax administration …