Publication

This paper investigates some of the key issues in money laundering trends in southern Africa. It considers the extent to which money laundering has been criminalized and examines the main activities from which proceeds for laundering originate such as drug trafficking, corruption, human trafficking and fraud. It also explains the close connection between money laundering and alternative fund remittance systems typified by the hawala system. It concludes with a prognosis for money laundering control in southern Africa and outlines what all countries in the region must do to curb it.