US$2bn vanishes through financial leakages

LIVINGSTONE MARUFU Zimbabwe could be losing as much as US$2bn annually to financial leakages, primarily driven by corruption and illicit activities at its porous borders, according to new findings and expert commentary. Transparency International Zimbabwe (TIZ) released a report detailing how entrenched corruption and bribery—especially at ports of entry—are costing the nation heavily. “Financial leakages…






