Africa

Zanzibar Fights Back Against Money Laundering

Author: Staff Writer September 10, 2018

Zanzibar, which is known for being a haven for money launderers, has introduced a new anti-money laundering (AML) law that requires anyone moving more than USD $10,000 out of the country to first state their intentions with the Tanzanian Revenue… Read more >

Africa, AML

aml, AML Compliance, anti-money-laundering

Africa Loses $50 billion to Money Laundering and Tax Evasion

Author: Staff Writer July 30, 2018

Due to tax evasion, money laundering and the flow of illegal funds, Africa is bleeding $50 billion every year which is a great concern to The United Nations (UN) and African Union (AU). This issue was addressed during the second… Read more >

Africa

anti-terrorism, money-laudering