British companies that operated in Zimbabwe at independence- Part 2


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


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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.


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