Weak tax systems, evasion behind 60% of global illicit money transfers

Governments in resource-rich African countries must effectively negotiate the terms of operational contracts with mining companies and their affiliates if they are to avoid revenue losses that reduce their capacity to finance development, the African Civil Society Circle has said.
The Circle is a coalition of nine civil society groups from Southern Africa whose goal is to strengthen Sub-Saharan voices in global, continental, regional and national development debates and promotion of good governance. Continue Reading