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$750 Million World Bank Loan Myths

On 21 January 2022, the World Bank approved a $750 million (~R11.4 billion) loan to assist the South African fiscus. As part of the Bank’s “development policy loan” (DPL) programme, this loan is expected to have an interest rate of

Posted in Campaigns to Dismantle Corporate Power Tagged with: , , , , , ,

LOSING OUT ON THE LION’S SHARE

A primer on illicit financial flows, tax and wage evasion in South Africa South Africa is a nation approaching breaking point. Despite vast mineral wealth, modern infrastructure, and other economic advantages, the country faces a crisis of economic injustice. The

Posted in AIDC, profit shifting, Publications Tagged with: , , ,