Illicit Financial Flows - The Zimbabwe Independent

Topic : Illicit Financial Flows

Role of youth in fostering political will to fight illicit financial flows

African countries lose US$50 billion to illegal financial flows, according to the 2015 High-Level Panel on Illicit Financial Flows from Africa.

By Artwell Dzobo Oct. 20, 2024

Role of youth in fostering political will to fight illicit financial flows

‘Illicit financial flows crippling Zim economy’

National University of Science and Technology lecturer and economist Stevenson Dlamini highlighted the devastating impact of IFFs

By Julia Ndlela Sep. 27, 2024

‘Illicit financial flows crippling Zim economy’

Premium

Looters hide US$1,4m chopper in Zim

The chopper case is one of assets worth US$70 million facing forfeiture, which are being investigated by authorities.

By Shame Makoshori Aug. 4, 2023

Natural resource curse: Challenges faced by mining communities

The mining sector involves the movement of heavy machinery which damages roads, especially gravel or dust roads.

By Zvikomborero Sibanda Jul. 28, 2023

Natural resource curse: Challenges faced by mining communities

Expose illicit financial flows, media urged

Centre for Natural Resources Governance officer Rachael Jambo said poor legislation was fuelling illicit financial flows in the mining sector.

By Nhau Mangirazi Jun. 7, 2023

Expose illicit financial flows, media urged

Don’t drag Zim into darkness

Any government can easily become part to IFFs if there is laxity in their regulation of financial systems. As acknowledged by State and global agencies, IFFs are already rampant in Zimbabwe.

By The Zimbabwe Independent Mar. 17, 2023

‘Economy crippled by illicit financial flows’

According to reports, Zimbabwe is thought to have lost more than US$32 billion as a result of illicit cash flows between 2000 and 2020.

By Mthandazo Nyoni Jan. 7, 2023

‘Economy crippled by illicit financial flows’

Illicit financial flows emptying Zim of its wealth

Transfers or movements of funds that are the proceeds of illegal acts, eg trafficking in drugs or people; and

By Veritas Dec. 30, 2022

Illicit financial flows emptying Zim of its wealth

‘IFFs stunt growth of Zim economy’

The lobby group said it was not impossible to give a precise estimate of how much money flows illicitly from Zimbabwe, but the amounts involved are certainly enormous.

By Harriet Chikandiwa Dec. 20, 2022