Zim loses US$1.2bn
LIVINGSTONE MARUFU AND ROBIN PHIRI Zimbabwe lost over US$1.2bn in illicit financial flows in 2024, as cash-based transactions in a highly informalised economy made it difficult for authorities to track the money, latest official data show. The figure underscores the alarming scale of capital flight, which undermines the country’s economic stability, erodes investor confidence, and weakens…
