Categories: Stories

British companies that operated in Zimbabwe at independence- Part 1

On 22 July, the British government imposed sanctions on Zimbabwean businessman Kudakwashe Tagwirei.

The reason: “Kudakwashe Regimond Tagwirei profited or otherwise benefitted from the misappropriation of property when his company, Sakunda Holdings, redeemed Government of Zimbabwe Treasury Bills at up to ten times their official value. This meant that Sakunda Holdings and Tagwirei, as its CEO and owner, profited significantly at the expense of macroeconomic stability in Zimbabwe.”

Does that make sense to you?

Maybe looking at how many British companies operated in Zimbabwe at independence might trigger something.

Here they are:

Continued next page

(516 VIEWS)

This post was last modified on July 24, 2021 9:31 pm

Page: 1 2 3 4 5

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Britain says amendment of the Zimbabwean Constitution is a sovereign, legislative matter for Zimbabwe to decide

Britain says amendment of the Zimbabwe constitution is a sovereign, legislative matter for Zimbabwe to…

March 24, 2026

Who started the war?

It is now 47 years since I wrote the short story below for a South…

March 4, 2026

Zimbabwe 2026 monetary policy statement at a glance

Zimbabwe has released its 2026 monetary policy statement in which it seeks to stabilise its…

March 1, 2026

Was Chombo Mugabe’s number two?

Far from it, on paper that is. Ignatius Chombo was one of the longest serving…

February 6, 2026

Zimbabwe’s 2026 citizen’s budget

Zimbabwe on Thursday announced a ZiG290.9 billion budget with revenue expected to be ZiG287.6 billion,…

November 30, 2025

IMF says Zimbabwe’s economic recovery in 2025 is stronger than previously anticipated

The International Monetary Fund says Zimbabwe’s economic recovery in 2025 is stronger than previously anticipated…

November 8, 2025