Zimbabwe is a country in southern Africa known for its beautiful landscapes, rich history, and diverse cultures. Like many other countries in the world, Zimbabwe has had its fair share of economic challenges. The country has struggled with hyperinflation, political instability, and corruption, which has led to a decline in the country’s economic growth and development.
One of the major challenges facing Zimbabwe and other developing countries is the issue of money laundering. Money laundering is the process of disguising the proceeds of illegal activities as legitimate funds. It involves moving funds through a series of transactions to hide the original source of the funds.
Money laundering has serious consequences for society. It can undermine the rule of law, destabilize financial systems, and enable criminal organizations to operate with impunity. Therefore, it is important for individuals, businesses, and governments to take measures to prevent and combat money laundering.
Unfortunately, there have been cases where individuals and organizations in Zimbabwe have been involved in money laundering. In some cases, these individuals and organizations have been prosecuted and brought to justice. However, in other cases, they have not faced consequences due to corruption and lack of enforcement.
The recent gold mafia documentary has posed a lot of threats to high profiles with some having their assets frozen. El Gringo however took to his social media to explain the deal involving popular prophet Uebert Angel.
There are many lessons that can be drawn from the documentary , It is important for individuals, businesses, and governments to take measures to prevent and combat money laundering.
Source: H263
In other news – Kariba thigh vendors trade lula lula for fish
The National Aids Council (NAC) has expressed concern over the festering sex for fish trade in Kariba and other fishing areas, which it says is now negatively affecting efforts to reduce HIV and Aids in Zimbabwe.
The problem, which involved sex workers trading sex for fish, is now rife at fishing camps dotted around Lake Kariba. Learn Morehttps://mbaretimes.com/2023/04/kariba-thigh-vendor/
-
-
-
-
-
-
-
-
-
-
