U.S., EU Sanctions Cost Zimbabwe Billions
President Emmerson Mnangagwa's government says Zimbabwe has lost at least U.S.$42 billion in revenue in the last 18 years due to the sanctions imposed on the country by the United States and the European Union on what they refered to as electoral fraud and human rights abuses. Sanctions, which the EU and U.S. claim are targeting a few individuals and Government-owned companies were imposed on Harare, following former president Robert Mugabe's controversial land policies in 2001.
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China has added its voice for the lifting of sanctions on Zimbabwe after African leaders made similar calls earlier, arguing that Zimbabwe has embarked on economic recovery and ... Read more »
Southern African leaders have decided to collectively voice their disapproval of continuing sanctions against Zimbabwe. This emerged from a SADC summit in Tanzania, where incoming ... Read more »
The European Union and the United States imposed sanctions against Zimbabwe in 2000 after they accused former leader Robert Mugabe of election rigging, the repression of media ... Read more »