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.
(66 VIEWS)
Britain says amendment of the Zimbabwe constitution is a sovereign, legislative matter for Zimbabwe to…
It is now 47 years since I wrote the short story below for a South…
Zimbabwe has released its 2026 monetary policy statement in which it seeks to stabilise its…
Far from it, on paper that is. Ignatius Chombo was one of the longest serving…
Zimbabwe on Thursday announced a ZiG290.9 billion budget with revenue expected to be ZiG287.6 billion,…
The International Monetary Fund says Zimbabwe’s economic recovery in 2025 is stronger than previously anticipated…