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Wednesday, 3 May 2017

Can African leaders stop money laundering? – Inside Story: Al Jazeera English

Published on 3 May 2017
Heads of State, business leaders and over a thousand participants are in the South African city of Durban.

Many of the officials attending this year's World Economic Forum on Africa come from countries with crippling unemployment and inflation.

And even the host country is in the middle of economic and political upheaval.

Corruption is one of the biggest factors contributing to South Africa's deteriorating economy.

And President Jacob Zuma has been repeatedly accused of it.

He's been under pressure to do something about that.

Zuma signed a new law this week that aims to curb money laundering.

So, are laws alone enough to fight money laundering and other forms of corruption?

Presenter: Martine Dennis

Guests:

Razia Khan - Head of Africa Research at Standard Chartered Bank.

Aly-Khan Satchu - Emerging Markets Economist and CEO of Rich Management.

Antony Goldman - CEO of the Political Risk Consultancy Promedia.

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