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Zimbabwe is losing over US$6bn to illicit financial flows

Zimbabwe is losing an estimated US$6,15 billion to illicit financial flows (IFFs) between 2020 and 2025, a drain that experts say is depriving the country of critical resources needed for development.IFFs involve the illegal movement of mo…

Published: 25 Aug 2025 at 06:01hrs | 11 | by Staff reporter

RBZ to engage mobile operators on currency parity

The Reserve Bank of Zimbabwe (RBZ) has announced plans to work with mobile network operators to ensure parity in trading between the local gold-backed Zimbabwe Gold (ZiG) currency and the US dollar under the multicurrency system. The move …

Published: 25 Aug 2025 at 06:00hrs | 451 | by Staff reporter

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Zimbabwe is losing over US$6bn to illicit financial flows

RBZ to engage mobile operators on currency parity

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