Categories: Top story of the day

Chinamasa confronts US ambassador over embassy account freeze

Finance Minister Patrick Chinamasa today confronted the United States ambassador to Zimbabwe Bruce Wharton at the Zimbabwe International Trade Fair in Bulawayo over the United States’s freeze of the Zimbabwean embassy account in Washington. Chinamasa said the account was frozen last week resultinginthe embassy staff failing to access their salaries. It was unfrozen after the government approached the State Department. The United States added three individuals and one entity to its sanctions last week and removed 10 individuals and one company. Those added to the list were: Registrar-general Tobaiwa Mudede for his critical role in the flawed elections of 31 July last year; Sam Pa, for facilitating public corruption by Zimbabwean senior officials through illicit diamond deals, and providing financial and logistical support to the government of Zimbabwe and listed people; and Jimmy Zerenie for facilitating illicit diamond deals between Sam Pa and senior Zimbabwean officials. Sino Zim Development (Pvt) Ltd was also added to the list. Chinamasa said people must not be fooled about the reasons for the sanctions. “We should not be fooled by Americans who tell us all sorts of reasons for the sanctions. The reason is the land reform programme. This programme has been very expensive for the country. It has come with huge costs,” he said.

(26 VIEWS)

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.

Share
Published by
Charles Rukuni

Recent Posts

ZiG loses steam, falls against US dollar for five consecutive days

The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…

November 22, 2024

Indian think tank says Starlink is a wolf in sheep’s clothing

An Indian think tank has described Starlink, a satellite internet service provider which recently entered…

November 18, 2024

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024

Zimbabwe among the top countries with the widest gap between the rich and poor

Zimbabwe is among the top 30 countries in the world with the widest gap between…

November 14, 2024

Can the ZiG sustain its rally against the US dollar?

Zimbabwe’s battered currency, the Zimbabwe Gold, which was under attack until the central bank devalued…

November 10, 2024

Will Mnangagwa go against the trend in the region?

Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…

October 22, 2024