Negative impact of illicit financial flows (III)
When companies under-declare their profits due to IFFs, the government will collect much less revenues than it would have collected, if the companies had chosen to be honest.
By Kevin Tutani
Dec. 13, 2024
Case studies of illicit financial flows
The financial transfers were marked as payment for “technical expertise” and “licencing of intellectual property (leased technologies and the use of brand name)”.
By Kevin Tutani
Dec. 6, 2024
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
‘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
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
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
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
