Zimbabwe: Corruption Not Sanctions the Cause of Zimbabwe's Economic Situation

South Africa News News

Zimbabwe: Corruption Not Sanctions the Cause of Zimbabwe's Economic Situation
South Africa Latest News,South Africa Headlines
  • 📰 allafrica
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 99%

The U.S. sanctions against Zimbabwe over the past two decades are not the cause of the economic and development issues in the country, said David Gainer, Acting Deputy Assistant Secretary of State in the U.S. Department of State's Bureau of African Affairs.

Cape Town — The U.S. sanctions against Zimbabwe over the past two decades are not the cause of the economic and development issues in the country, said David Gainer, Acting Deputy Assistant Secretary of State in the U.S. Department of State's Bureau of African Affairs.

Glomag was described by Gainer and Brooks-Rubin as the "more appropriate tool for the 14 targets", including President Emmerson Mnangagwa, Vice President Constantino Chiwenga and businessman Kudakwashe Regimond Tagwirei, who should bear responsibility for Zimbabweans living in fear. The sanctions remain effective against U.S. citizens who engage in financial transactions or other business with sanctioned individuals and companies, and any property or interest in property would be blocked.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

allafrica /  🏆 1. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. Imposes New Sanctions On Zimbabwe, Citing Human Rights AbuseU.S. Imposes New Sanctions On Zimbabwe, Citing Human Rights AbuseU.S. President Joe Biden has officially ended the 21-year-old sanctions regimen against Zimbabwe, replacing it with a more targeted set of sanctions aimed specifically at Zimbabwean President Emmerson Mnangagwa and his inner circle.
Read more »

Corruption Watch: Ramaphosa’s state capture pronouncements will cost ANC at pollsCorruption Watch: Ramaphosa’s state capture pronouncements will cost ANC at pollsFollowing Ramaphosa’s State of the Nation address on Thursday, the watchdog says nothing has been done to hold those implicated in capturing the State to account.
Read more »

State Capture prosecutions not going to solve corruption: IRRState Capture prosecutions not going to solve corruption: IRRThe IRR says state capture prosecutions is like treating a deep would with painkillers instead of undergoing surgery.
Read more »

Anti-corruption watchdog to sniff out Free State governmentAnti-corruption watchdog to sniff out Free State governmentThe government of the Free State will be under the microscope as the corruption-busting SIU is now on their tail.
Read more »

Durban man arrested for Zimbabwe bomb threat that turned Mnangagwa plane aroundDurban man arrested for Zimbabwe bomb threat that turned Mnangagwa plane aroundDurban man arrested for Zimbabwe bomb threat that turned Mnangagwa plane around
Read more »

Invictus in talks with Zimbabwe on Cabora Bassa product-sharing dealInvictus in talks with Zimbabwe on Cabora Bassa product-sharing dealManaging director Scott Macmillan wants the gas project agreement sooner rather than later to avoid regulatory uncertainty.
Read more »



Render Time: 2025-02-13 14:51:50