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U.S imposes sanctions on leading Zimbabwe businessman

The United States on Wednesday imposed sanctions on Zimbabwean businessman Kudakwashe Tagwirei, an adviser to President Mnangagwa, accusing him of being corrupt and helping support the government of Zimbabwe.

“Tagwirei and other Zimbabwean elites have derailed economic development and harmed the Zimbabwean people through corruption,” said Deputy Secretary Justin G. Muzinich. “The United States supports the economic well-being of the Zimbabwean people and will target repressive and corrupt acts and graft by Zimbabwean politicians and their financiers.”

Tagwirei is a Zimbabwean businessman with longstanding associations with the ruling party in Zimbabwe. Tagwirei’s company, Sakunda Holdings, has managed a farm subsidy for the government and failed to account for $3 billion, according to a 2019 parliamentary audit.

As CEO, Tagwirei is responsible for the overall strategy and direction of the company, as well as developing and maintaining relationships with key stakeholders, including regulators and clients.

Under the sanctions, Washington will freeze any assets Tagwirei has in the United States and bar any US transactions with him.

Pompeo said that the United States was issuing the sanctions Wednesday to commemorate the two-year anniversary of soldiers’ suppression of protests over elections seen as fraudulent. At least six people died.

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