Mugabe vows retaliation


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President Robert Mugabe today vowed to avenge Western economic sanctions imposed on his ruling party by threatening to seize foreign-owned businesses and mining interests. “Unless you remove sanctions we will take 100%,” he said.  “Why shouldn’t we hit back? That includes companies that are mining gold and other minerals, and some have been here since before I was born,” Mugabe said. There are about 400 British companies in Zimbabwe. The West claims its sanctions are targetted at individuals and not the country, something Mugabe and his lieutenants have refuted.

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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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