Zimbabwe's Rich Fuel Inequality Through Illicit Financial Flows

27 October 2014

Harare — Zimbabwe has lost 12 billion dollars in illicit financial flows over the last three decades and experts say this illegal practice is perpetuating social inequalities and poverty in this southern African nation.

A September report by the Zimbabwe Vulnerability Assessment Committee (ZIMVAC) estimates that 63 percent of Zimbabweans are poor, with 16 percent of the country's 12.5 million people deemed extremely poor.

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