Zimbabwe Welcomes Removal of Its Banks from U.S. Sanctions List
The U.S. has removed Agribank and the Infrastructure Development Bank of Zimbabwe from the sanctions list, a move that will allow them to do international business more easily and obtain lines of credit. In 2019, Zimbabwe, supported by several African countries and regional bodies, embarked on a campaign to have the U.S. sanctions removed, saying they were preventing the country's sustainable economic recovery. The Zimbabwean government says it was looking forward to furthering progress in terms of lifting sanctions on other entities a well.
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Zimbabwe:
Govt Welcomes Removal of Its Banks from U.S. Sanctions List
VOA, 25 May 2020
Zimbabwe welcomed the U.S. decision Thursday to remove two of its banks from the sanctions list, saying the move will allow them to easily obtain credit to address the country's… Read more »
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Zimbabwe:
AU Reiterates Calls for Sanctions Removal
The Herald, 26 May 2020
The African Union yesterday reiterated calls for the unconditional lifting of sanctions imposed on Zimbabwe and Sudan by the West saying the embargo was infringing on the… Read more »
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Zimbabwe:
Removal of Banks From Sanctions Hailed
The Herald, 25 May 2020
Bankers, farmers and economists have praised the full removal of Agribank and the Infrastructure Development Bank of Zimbabwe (IDBZ) from the US sanctions list, saying the… Read more »
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Zimbabwe:
Two Banks Off Sanctions List
The Herald, 22 May 2020
Agribank and the Infrastructure Development Bank of Zimbabwe (IDBZ) have now been fully removed from the US sanctions list, the American Department of the Treasury has announced,… Read more »
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Southern Africa:
'SADC Must Continue Speaking Against Zimbabwe Sanctions'
The Herald, 19 March 2020
Tanzanian Prime Minister Kassim Majaliwa has called for the immediate lifting of illegal sanctions imposed on Zimbabwe by the West and urged other SADC members to speak with one… Read more »
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InFocus
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In his capacity as African Union Chairperson, South African President Cyril Ramaphosa has called for the lifting of sanctions on Zimbabwe and Sudan to allow all African countries ... Read more »
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The government's plans to privatise certain state-owned entities has been in the pipeline for years. Sanctions, particularly those by the Read more »
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The United Nations Secretary General António Guterres has called for the lifting of sanctions on all countries, including Zimbabwe, in light of the COVID-19 outbreak. ... Read more »
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The United States government has renewed targeted sanctions against President Emmerson Mnangagwa and his administration, saying Zimbabwe 'has had ample opportunity to implement ... Read more »
(File photo).