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In this report, Oxfam identifies three key issues that need to be tackled for Unilever to move to the next level of social impact and responsible sourcing and for the good intentions of their policies to translate into real impact for the lives of workers.

Despite the recent spate of economic growth, Africa remains afflicted by entrenched poverty and alarmingly high and rising inequality. This paper uses the Reducing Inequality Index (CRI) developed by Oxfam and Development Finance to produce a ranking of African countries on their policies to reduce the gap between rich and poor.

The coronavirus crisis has exposed our collective frailty and the inability of our deeply unequal economy to work for all. Yet it has also shown us the vital importance of government action to protect our health and livelihoods, and to create a more equal and sustainable world. 

Today leaders from Brazil, Russia, India, China, and South Africa –better known as the BRICS- finalized their 6th summit in Fortaleza, Brazil, consolidating the creation of a new development bank that will provide fresh sources of financing for emerging economies.

The coronavirus threatens to take many millions of lives and push billions more into poverty. Oxfam proposes two things that the G20 and other leaders can do now: develop a global public health plan and emergency response to tackle the disease head on; and create an economic rescue plan to cope with the huge economic costs precipitated by this virus. 

Billionaire wealth grew by $2 trillion in 2024 alone, equivalent to roughly $5.7 billion a day, at a rate three times faster than the year before. An average of nearly four new billionaires were minted every week. Meanwhile, the number of people living in poverty has barely changed since 1990, according to World Bank data. 

In response to the communiqué published following today’s meeting of G7 Finance Ministers and Central Bank Governors, Oxfam International’s Tax Policy Lead, Susana Ruiz, said: “That conversations about taxing the super-rich are happening at the G7 and G20 is historic. A majority of people, across party lines and across countries, support proposals to fairly tax the rich. 

All charges against Antoine Deltour, the #LuxLeaks whistleblower who exposed secret deals that enabled multinational companies to avoid paying billions of dollars in tax, should be dropped, said Oxfam today. The trial of Antoine Deltour on charges of theft, violation of professional secrecy, violation of trade secrets and illegally accessing a database, is scheduled to begin on Monday 26 April.  Max Lawson, Oxfam’s Inequality Policy Lead said:  “Whistleblowers who expose tax dodging should be celebrated and protected, not prosecuted.…

The guilty verdicts for two defendants in the #LuxLeaks whistleblowers trial means that tax dodgers will be emboldened. 

Today, the European Commission presented a coronavirus crisis recovery package for the EU.