Maendeleo Group Blog

Saturday, 18 February 2017 15:53

Addressing the scourge of corruption in Africa: Video

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Watch this informative video on tackling the scourge that is Corruption in Africa.
The Panama Papers’, a data leak of client documents belonging to Panama-based law firm Mossack Fonseca, were exposed by German newspaper, SüddeutscheZeitung, in conjunction with the International Consortium of Investigative Journalists (ICIJ). These controversial documents haveraised some ethical and legal questions around financial disclosure and transparency; and the role of tax haven jurisdictions in the facilitation of tax evasion, trade-based money laundering, organised crime, illicit financial flows (IFFs) and other issues of grave concern to the international community. Although holding ownership of a shell company or an offshore account, in most cases is not unlawful, some negative practices have come…
One just needs to look at the newspaper headlines across Africa to see the continent’s struggle with corruption: South Africa, Kenya, Nigeria, all have seen corruption and bribery rise recently. According to the latest Transparency International’s Corruption Perception Index, “not a single country, anywhere in the world, is corruption-free”. But in sub-Saharan Africa, people in 40 out of 46 countries think theirs has a serious corruption problem. Africa has lost over USD 1 trillion to illicit financial flows over the last 50 years, as reported the African Union’s high level panel on illicit financial flows (IFFs), led by South Africa’s…
The migration crisis in Europe has brought to the fore divergence of opinion and strategies on how to address global challenges of our time. Europe’s reaction with consternation at the ‘invasion’ of its shores by outsiders is hardly surprising to curious observers of geopolitics. What could one expect with the heightened rise of rightwing political rhetoric and sentiment that is gaining traction across Europe and spreading to North America? BREXIT is a useful data point on the limitations of regional integration that has citizens as observers rather than its drivers. Are the emerging fears from the migration crisis unfounded or…

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