Zimbabwe's Cartels and Syndicates and our Organized Crime problem :

Today we talk Zimbabwe's Cartels and Syndicates and how this delves into our Organized Crime problem as a nation

These systems having existed prior to our independence at 1980 and inherited by the political class that ushered in Zimbabwe as we know today

Why do Zimbabweans not trust many of the key institutions in our country. They do not trust in the money issued by their Central Bank, or the electoral process that bestows power on their leaders neither do they trust the opposition completely. 

They also do not trust their leaders to serve the interests of citizens, and there is no trust in the courts, the military or the police to serve them well.

Cartels are formed to transfer wealth from consumers and public funds to participants in the cartels (i.e., rent-seeking).The undeserved or unearned profit that rent-seekers gain is defined by economists as an “economic rent”. 

sanctions are clearly not entirely responsible for the state capture and economic malfeasance described throughout this report. However, the sanctions regime and U.S. sanctions in particular have had some negative externalities, for example, Zimbabwe lost over 50 relationships with correspondent banks between 2008 and 2017 as they engaged in derisking as a result of the sanctions and global non- compliance with anti-money laundering legislation.

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