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Tag Archives: IFFs

URA walks tightrope over EACOP shipments

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) is navigating through a tightrope to ensure that individuals do not abuse the law while importing East African Crude Oil Pipeline Project EACOP equipment. It is emerging that customs officials need to be retooled on clearing equipment given that the law …

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Illicit financial flows threaten security and stability in Africa

United Nations | Xinhua | At a time when Africa is mobilizing resources for pandemic recovery and sustainable development, illicit financial flows (IFFs) are robbing the continent of 50 billion U.S. dollars annually, UN Deputy Secretary-General Amina Mohammed told a high-level virtual meeting on Thursday held under the African Union’s (AU) …

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