Zimbabwe: After the Bell – Will the US Sanctions Against the Gold Mafia Work?

The tentacles of this scandal are one of the reasons South Africa is on the Financial Action Task Force grey list. And the consequence of being on that list is that South Africa pays higher interest rates than it should. And that affects everyone: the government, government bodies, businesses, and you and me.

Aficionados of African corruption — sad there is such a thing, but there is — might have noticed a press release issued earlier this month by the US Department of the Treasury’s Office of…