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Shell companies siphon US$450m from Zimbabwe, SA

A network of 23 shell companies operating between Zimbabwe and South Africa has been implicated in laundering US$450 million through illicit financial flows (IFFs), part of an estimated US$3 billion in combined annual losses to the two cou…

Published: 15 Aug 2025 at 14:22hrs | | by Staff reporter

Zimbabwe will be a shell by 2030

SOUTHERN Rhodesia, now Zimbabwe, was slapped with United Nations sanctions in 1965 until 1979, but still managed to be one of Africa's richest nations.Zimbabwe was slapped targeted sanctions by the United States of America, the United King…

Published: 11 Jan 2023 at 16:51hrs | 22 | by Black Eagle

Zimbabwe will be a shell by 2023

THE late Rhodesian Prime Minister Ian Smith was slapped with United Nations sanctions from 1965 until 1979, but the country remained one of Africa's richest nations.Zimbabwe was slapped with targeted sanctions by the United States of Ameri…

Published: 31 Dec 2020 at 10:50hrs | | by Farai Cheuka

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Search / Shell

Shell companies siphon US$450m from Zimbabwe, SA

Zimbabwe will be a shell by 2030

Zimbabwe will be a shell by 2023

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