Bulawayo24 News - Skyes! "it makes perfect sense"

Search / Syphon

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

Load More Stories

Search / Syphon

Shell companies siphon US$450m from Zimbabwe, SA

Get latest news by email:

In normal countries high-profile corruption faces inquiries - in Zimbabwe it's protected!

Mabvuku/Tafara Sports facilities crisis

ZAPU Rebuttal: A Leadership of Substance vs Armchair Criticism

ZPA Calls for Spiritual Cleansing of Accident Hotspots Across Zimbabwe

Liverpool begins to be hit by a crisis

Chamisa's lawyer jokes about Tshabangu's sickness

Sisonke Trust Leads Clean-Up in Bulilima to Combat Carbon Emissions

South Africa & Zimbabwe: Two Coups Imminent - What Will Happen to SADC?

CCC Councillors in turmoil over Mbuso Siso's Shadow Over Town Clerk's Contract

AI is the economy, says Mutambara

'Too much development in Victoria Falls'

Phillip Chiyangwa granted bail

What happened to Mugabe's mausoleum?

Mutangadura murder suspect arrested

Catholic nun makes history

Security guard in brutal knife attack

2 arrested over unlicenced firearm

City of Harare to offer car loans for City doctors

Radio boss walks free after slapping charge

Zimra imposes US$2m penalty on OK Zimbabwe

Manager blows company's US$11,800

Grade 7 candidates get wrong Zimsec exam paper

Fake healers caught planting objects in businessman's home during ritual scam

South Africa ripe for a coup

Shock as Zambia's President Hichilema Moves to Amend Constitution

Opposition vows to resist Zanu PF's 2030 plan

Chamisa warned against anchoring comeback on 1999 struggles

Zupco driver avoids jail, driver's licence cancelled

UK-based Zimbabweans gather to discuss crisis home

Ex-Deputy minister acquitted in GMB inputs case

Chamisa abandons politics for CIA training?

Plot to undermine the Geza Revolution

Is Baloyi-Chiwenga a white woman? She groomed Generali Chiwenga to be civil!

Zimra imposes US$2m penalty on OK Zimbabwe

Mutodi apologises to Guvamatanga

Phillip Chiyangwa granted bail

Hopewell Chin'ono Warns Leaders to Learn from Mugabe's Sons' Fall from Grace

Shock as Zambia's President Hichilema Moves to Amend Constitution

WATCH: Hyena interrupts boma dinner in Zimbabwe

3 missing Kuwadzana children found dead in car boot

News Team

Advertising