Bob Geldof's firm's use of tax haven is legal, but the system hurts African nations

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Bob Geldof's firm's use of tax haven is legal, but the system hurts African nations
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Private equity company 8 Miles channels funds through Mauritius in a ‘depressingly routine’ arrangement

At their closest point, Europe and Africa are just eight miles apart. That’s the inspiration for the name of Sir Bob Geldof’s private equity firm, 8 Miles, set up to channel investment into successful businesses in Africa.

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