NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love.
DEPUTY Information Minister Kindness Paradza has told journalists not to force themselves on First Lady Auxillia Mnangagwa, who has developed a habit of hand pi.
DEPUTY Information Minister Kindness Paradza has told journalists not to force themselves on First Lady Auxillia Mnangagwa, who has developed a habit of hand pi.
NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love.
By Nkosana Dlamini
ZIMBABWEAN security operatives have been co-opted into daylight plunder of diamonds in Chiadzwa by Asian cartels lavishing cash and expensive gifts for protection, an investigation by NewZimbabwe.com has revealed.
The pillage is fuelling Illicit Financial Flows (IFFs), the smuggling of money and assets which are illegal in source, transfer or use.
A 2020 UNCTAD’s Economic Development in Africa Report says annually, an estimated $88.6 billion, equivalent to 3.7% of Africa’s GDP, leaves the continent through IFFs.
Similarly, a 2020 African Development Bank report estimated that Zimbabwe has lost a cumulative $12 billion in the last three decades through IFFs.