NewsCentral Africa

Mon,23Jan2017

Central Africa

Tax avoidance: how it works and how to stop it

Illustration © Christophe ChauvinThe Panama Papers have put the spotlight on tax avoidance once again. This is, of course, not a new issue. Before that, we had Swiss Leaks and BVI Leaks. You may be asking: how does tax avoidance work and why have policymakers struggled to rein it in?

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Papa Wemba: A rumba ambassador with an angelic voice

The late Papa Wemba ©STR/AFPPopular singer Papa Wemba woke the world up to the urban sounds of Kinshasa and spawned the flamboyant dress style known as 'la sape'. The story of Papa Wemba's journey to superstardom reads like something from a work of fiction.

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Sub-Saharan Africa debt issuance down 10% so far this year

A money changer counts Nigerian naira currency at a bureau de change, in Lagos. Photo: Sunday Alamba/AP/SIPADebt issuance in sub-Saharan Africa fell by 10% in the first half of 2016, data from Thomson Reuters showed on Monday, as sinking currencies and faltering economies forced borrowers to take a breather.

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AU launches African passport

File photo©ReutersThe African Union (AU) on Monday launched its continental passport at a ceremony witnessed by over 40 heads of state meeting at the 27th AU summit in Rwanda's capital, Kigali.

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Will the UN save us from hell?

UN secretary general Ban Ki-moon retires at the end of 2016 Mary Altaffer/AP/SIPAIf we want UN missions to succeed, they must be highly trained and properly equipped.

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Sub-Saharan credit growth rates halve in two years

Photo©ReutersPrivate credit growth across sub-Saharan Africa has more than halved over the past two years and ground to a halt in oil exporting countries following low oil prices and the economic slowdown in China, weighing heavily on regional growth prospects, a report said on Friday.

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