Search Results for: Zimbabwean

BY STEVEN SWINDELLS, in Johannesburg

THE FORTEEN countries of the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) have their AML/CFT work cut out. Under-funded, lacking resources, short of political will and working in a region that leaks money like a sieve…it is a demanding context for the group’s daunting tasks.…

BY RICHARD HURST, in Johannesburg

THE PAINT and coatings industries in the Southern African states of Botswana, Namibia, Zimbabwe, Swaziland, Lesotho and Zambia are closely linked to that of the regional economic giant South Africa in the that the major manufacturing plants are located in the industrialised area of South Africa’s Gauteng province with branch offices in the neighbouring states acting as agents for the parent companies in South Africa.…

BY RICHARD HURST, in Johannesburg

THE PAINT and coatings industries in the Southern African states of Botswana, Namibia, Zimbabwe, Swaziland, Lesotho and Zambia are closely linked to that of the regional economic giant South Africa in the that the major manufacturing plants are located in the industrialised area of South Africa’s Gauteng province with branch offices in the neighbouring states acting as agents for the parent companies in South Africa.…

BY KEITH NUTHALL
IT is rare that an international organisation report on a scandal involving crime, corruption, war and environmental degradation names and shames high profile companies, but that is what is contained within the latest United Nations (UN) Security Council report on the Congo.…

BY RICHARD HURST
THE MANAGING Director of Zimbabwe Platinum has welcomed several incentives recently introduced by the Zimbabwean government that are designed to assist the platinum group metals industry develop in the country.

Roy Pitchford, managing director of Zimbabwe Platinum said that he was confident that investors would have a safe return on investments despite the political and economic uncertainty surrounding the rule of president Robert Mugabe.…

BY RICHARD HURST
MONEY laundering is all about fake respectability, transforming the seedy and ill-gotten into the legitimate and well-earned; so in Africa, where better to launder criminal money than through the continent’s most developed economy, South Africa.

Mike Savage, partner at Ernst & Young South Africa, said that the biggest problem facing African governments wanting to seriously tackle money laundering is to pinpoint the movement of funds that are moved across porous borders in a bid to cover tracks and conceal sources.…

BY KEITH NUTHALL
FINANCIAL restrictions should be imposed on companies, businessmen, ministers and soldiers charged with involvement in the shameless plundering of the mineral resources of the Democratic Republic of the Congo (DRC), a United Nations (UN) committee established to investigate the problem has concluded.…