Categories: Stories

EU differs with AU on lifting of sanctions on Zimbabwe

He said the “unlawful” restrictions on multilateral financing and business dealings with US companies had hurt the strategic economic sectors of Zimbabwe and erected barriers to innovation, investment and growth.

SADC had voiced the same concerns before, only that this time the dispatch after the 39th SADC Summit of Heads of State and Government held in Dar es Salaam was immediately endorsed by the AU.

Moussa Faki, the chairperson of the AU Commission said President Emerson Mnangangwa’s efforts to revive the economy could amount to nought if the country was blocked from accessing global markets.

“Economic sanctions imposed by the international community, continue to have negative impact on the economy and the people of Zimbabwe,” Ebba Kalondo,  Faki’s spokesperson said, pledging that AU organs would continue to mobilise support for the country’s recovery efforts.

Zimbabwe, which changed presidents for the first time in 2017 following the ouster of Robert Mugabe, has been under sanctions since 2001 when the US and the EU to push Zimbabwe to improve its human rights record and open up the democratic space.

The sanctions also aimed to force key government and political leaders to initiate actions that would see the return of farms seized or expropriated by Mugabe’s regime.

“None of these have been achieved, except for recent elections, which many still considered to be off the mark,” said Mustafa Ali, chairman of the HORN International Institute for Strategic Studies in Nairobi, referring to the August 2018 election, which Mnangagwa won.

Ali argued that countries like Zimbabwe could in fact attract US rivals like China and Russia.

In 2001, the US enacted a law that restricted its companies from doing business with Harare. US executives and multilateral lenders such as the World Bank and IMF were barred from voting for any financial package for Zimbabwe.

The sanctions were tightened the following year when Mugabe won a controversial presidential election against opposition leader Morgan Tsvangirai.

The EU, Canada, Australia and New Zealand cited alleged electoral fraud and human rights violations when they imposed wide ranging sanctions against Mugabe’s regime.

A list of individuals that included Mugabe and his family were barred from visiting western countries and their assets abroad were frozen.

Harare, however, insisted that it was being punished for seizing productive commercial farms from white farmers, for redistribution to landless black Zimbabweans.

Continued next page

(328 VIEWS)

This post was last modified on November 2, 2019 8:17 pm

Page: 1 2 3

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

Can anyone come to your farm and start mining? It depends.

The answer is Yes and No. It depends on the size of the farm. Mines…

October 24, 2025

IMF says Zimbabwe has the best performing economy in SADC

Zimbabwe has the best performing economy in the Southern African region this year beating regional…

October 21, 2025

Mnangagwa vs Chiwenga:Who owes who?

The ZANU-PF national conference that was being held in Mutare has raised the tempo on…

October 19, 2025

ZiG relatively extinct and largely irrelevant

Zimbabwe’s local currency the Zimbabwe Gold (ZiG) has become relatively extinct and largely irrelevant because…

October 14, 2025

What sleeping for less than 6 hours can do to you

Sleep is a vital restorative process with measurable effects on health and overall wellbeing but…

October 12, 2025

Zimbabwe among the 10 least innovative countries in Africa and the world

Zimbabwe has been ranked 129 out of the 139 most innovative countries in 2025, according…

October 9, 2025