Browsing tag
Barclays PLC on Monday agreed to pay $2.5 million to settle U.S. claims that the bank processed transactions for government-backed entities in Zimbabwe that were subject to U.S. sanctions. The U.S. Department of the Treasury’s Office of Foreign Assets Control said in an enforcement release that Barclays, through its units in New York, the UK […]
HARARE – Tempers flared on Wednesday as Zanu PF Hurungwe East MP Temba Mliswa and Buhera Central MP Joseph Chinotimba clashed during a Zanu PF caucus meeting held at the party headquarters in Harare.
LONDON – Finance Minister Patrick Chinamasa should ‘look East’ and ‘grovel’ to China for a handout according to a UK based pressure group, the Zimbabwe Vigil.
The United States has said it will only lift sanctions on Zimbabwe if there are further political reforms, following disputed elections in July. Southern African leaders had called for sanctions to be removed after endorsing President Robert Mugabe’s re-election.
HARARE – President Robert Mugabe is preparing his own set of economic sanctions against Western powers, if they fail to ultimately revoke targeted sanctions and embargoes meted out on his inner circle. This follows recent condemnation of his controversial re-election last month.
LONDON – Shock is being expressed over the European Union (EU) decision to remove a notoriously violent ‘war vet’ from its list of targeted sanctions against Zimbabwe, despite the man being guilty of serious crimes.
LONDON – 21 members of Robert Mugabe’s regime have been removed from the European Union (EU) list of targeted ‘sanctions’, with the European leadership bloc facing criticism for putting its economic interests ahead of human rights.
Once again the targeted sanctions against Zimbabwe are in the news, with a report in the London Daily Telegraph that the EU is planning to conditionally suspend them to encourage progress towards free and fair elections.