Latest News Editor's Choice


News / Regional

Zimbabwe loses $2.5 billion in capital flights

by Staff reporter
12 Apr 2017 at 07:22hrs | Views

Zimbabwe is believed to have lost over $2.5 billion in capital flights and trade misinvoicing between 2008 and 2013 due to the country's controversial empowerment laws, a local think tank has said.

Zeparu revealed that unrecorded capital outflows occur through trade with different countries including Canada, China, Germany, Greece, Italy and United States.

Join Bulawayo24 Online Community
Source - dailynews

Subscribe

Email: