Business

Botswana Illicit financial flows top P200bn � report

Friday, April 15, 2016

Botswana is among Southern African countries that are prone to illicit financial flows (IFFs) with up to P200 billion estimated to have been moved illegally over 10 years up to 2013, the latest Global Financial Integrity (GFI) report shows.

IFFs are illegal movements of money or capital from one country to another. GFI classifies this movement as an illicit flow when the funds are illegally earned, transferred, and/or utilised.

According to the 2015 report, between the years 2004 to 2013, up to US$20 billion might have been moved through illicit circumstances in Botswana putting the country in the same boat with other developing countries with cumulative IFFs.

You may also like this

CCA settles with Hollard; case proceeds vs BIC, Old Mutual

Mbongeni Mguni |
30 April 2026
Milestone: The CCA secured a historic cartel settlement at the Competition Tribunal yesterday PIC: MBONGENI MGUNI

Gaolathe engages Dangote

Mbongeni Mguni |
29 April 2026
Gaolathe Dangote

Botswana Tech Fund launches multimillion pula venture vehicle

Lewanika Timothy |
28 April 2026
Botswana Digital Innovation Hub, a key pillar of the country's technology and innovation ecosystem.. PIC MORERI SEJAKGOMO
Latest Stories
Clear path: Babitseng PIC: KENNEDY RAMOKONE

Babitseng unopposed for COSAFA presidency

Mqondisi Dube | 2d ago

US, Jamaica stars absent, but the show rumbles on

Mqondisi Dube | 2d ago

Voices from Gaborone ahead of the World Relays

Johannes Kambai | 2d ago

After all is said and done, it’s on your marks!

Mqondisi Dube | 2d ago

Sport hits pause for World Relays

Kabelo Boranabi | 2d ago

World Relays ticket sales in late surge

Kabelo Boranabi | 2d ago

Botswana pins economic hopes on new commercial court

Larona Makhaiza | 30 Apr 2026

Selefu

Larona Makhaiza | 30 Apr 2026
Read Print Edition
front page 1
Editor's Comment
Justice delayed is trust denied

Batswana who marched peacefully for 'Justice for Tshepi' demanded answers. They have now received a detailed account of police investigation and a promise that the file is with the Directorate of Public Prosecutions (DPP). The real test is whether the state now keeps its word without further prodding. In his address, the minister asked the nation to trust the process. He spoke of rigour, not neglect, and pointed to 10 months of...

The Monitor Editor | 28 April 2026
Selefu
THURSDAY MMEGI ONLINE 30 APRIL
Have a Story? Send Us a tip
arrow up
Explore Subscribe to Mmegi Online
Receive latest and breaking news via email
About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Latest News
News
Business
Sport
Lifestyle
Features
Opinion & Analysis
Blogs
Sponsored
World
Full Picture
Featured Video
Classified
© 2020 - Dikgang Publishing Company. All Rights Reserved.