Illicit financial flows (IFFs) such as tax evasion are a major policy challenge for developing and emerging economies, in particular as the COVID-19 pandemic has drained domestic resources. IFFs pose a major threat to many developing and emerging economies, as they undermine domestic resource mobilisation efforts. The United Nations Conference on Trade and Development (UNCTAD) is leading a project on measuring trade-related IFFs in 11 African countries. In 2020, UNCTAD estimated that Africa loses about US$ 88.6 billion per year in illicit capital flight.

<p>Illicit financial flows (IFFs) such as tax evasion are a major policy challenge for developing and emerging economies, in particular as the COVID-19 pandemic has drained domestic resources. IFFs pose a major threat to many developing and emerging economies, as they undermine domestic resource mobilisation efforts. The United Nations Conference on Trade and Development (<a href="https://unctad.org/">UNCTAD</a>) is leading a project on measuring trade-related IFFs in 11 African countries. In 2020, UNCTAD estimated that <a href="https://unctad.org/en/PublicationsLibrary/aldcafrica2020_en.pdf">Africa loses about US$ 88.6&nbsp;billion</a>&nbsp;per year in illicit capital flight.</p>

POWER Talk is a mid-morning talk show that delves deeper into the news of the day, along with larger societal themes, inviting listeners to help unpack issues on the day’s current affairs agenda and topics close to their hearts. The host also interviews the biggest newsmakers and experts in South Africa, helping listeners make sense of their world.

<p>POWER Talk is a mid-morning talk show that delves deeper into the news of the day, along with larger societal themes, inviting listeners to help unpack issues on the day&rsquo;s current affairs agenda and topics close to their hearts. The host also interviews the biggest newsmakers and experts in South Africa, helping listeners make sense of their world.</p>