Zimbabwe anti-sanctions protest fails despite free transport, chicken and Pepsi

The European Union and the United States pooh-poohed an anti-sanctions march organised by the Zimbabwean government on Friday.

Both said sanctions would remain until President Emmerson Mnangagwa makes good on his promise to reform the country.

The march was poorly attended despite Government declaring a public holiday and providing free transport, chicken and Pepsi.

On Saturday, the US imposed additional sanctions, this time specifically against Owen Ncube, Zimbabwe’s Minister of State Security, for “gross violations of human rights” in response to anti-government protests.

Zimbabwean flag. Picture: Thomas Holder/EWN

The Money Show’s Bruce Whitfield interviewed Dianna Games, Chief Executive at business consultancy Africa At Work.

They discussed the failed march and Mnangagwa’s intention to make calling for sanctions in Zimbabwe a crime.

She also spoke about Zimbabwe pulling a stunt on its Chinese creditors.

China suspended $1.3 billion in projects after the Zimbabwean government diverted $10 million from an escrow account for an emergency at the Robert Mugabe Airport.

One of the affected projects is a $1.1 billion upgrade to the Hwange power station, desperately needed in a country surviving on a few hours of electricity per day at most.

For more detail, listen to the interview in the audio below.

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
MTBPS: Tito Mboweni faces a stagnating, unemployed nation drowning in Eskom debt

MTBPS: Tito Mboweni faces a stagnating, unemployed nation drowning in Eskom debt

Goolam Ballim (Standard Bank), Tendani Mantshimuli (Liberty SA Retail) and Peter Attard Montalto (Intellidex) on what to expect.

How to build a business you can sell

How to build a business you can sell

Small business expert Pavlo Phitidis discusses his book "Sweat, Scale, $ell: Build Your Business into an Asset of Value™".

3 hottest shares to buy, right now (according to Nitrogen Fund Managers)

3 hottest shares to buy, right now (according to Nitrogen Fund Managers)

Rowan Williams shares his stock picks of the week with Bruce Whitfield on The Money Show.

Formula for calculating how much you need to never have to earn a salary again

Formula for calculating how much you need to never have to earn a salary again

Personal finance expert Warren Ingram on how to determine your “financial freedom number”. There's a simple formula.

Patrice Motsepe launches R100 million jobs fund as part of pledge to Bill Gates

Patrice Motsepe launches R100 million jobs fund as part of pledge to Bill Gates

The Motsepe Foundation is partnering with 33 religious groups to launch the fund, says its founder, Dr Precious Moloi-Motsepe.

Want to get rich? Got R100? You don’t need millions to start

Want to get rich? Got R100? You don’t need millions to start

Bruce Whitfield interviews Anthea Gardner, author of "Make Your Money Work for You: Think Big, Start Small".

Popular articles
KFC couple asks for time as they deliberate on wedding plans

KFC couple asks for time as they deliberate on wedding plans

The man who proposed at KFC says the outpouring of love and support has left him and his partner speechless.

'South Africans have to show greater respect for our farmers'

'South Africans have to show greater respect for our farmers'

“I spent a year travelling 100 000 km [crisscrossing SA researching farmers]. It changed my perspective,” says author Ivor Price.

'Drought is so bad that farmers are taking own lives'

'Drought is so bad that farmers are taking own lives'

South African Water Warriors co-convenor Isabel Coetzee says the country cannot sit back and lose farmers because of the crises.

[WATCH] Gay teen fights back against school bully as teachers do nothing

[WATCH] Gay teen fights back against school bully as teachers do nothing

Khabazela shares tweets and Facebook posts that have gone viral.

'Aarto Act could be used by Sanral to enforce e-toll compliance'

'Aarto Act could be used by Sanral to enforce e-toll compliance'

Justice Project SA chair Howard Dembovsky says the act presumes a motorist to be guilty until he or she proves they are innocent.

[VIDEO] Family saved from being hit by speeding SUV goes viral

[VIDEO] Family saved from being hit by speeding SUV goes viral

Khabazela shares tweets and Facebook posts that have gone viral.

What does Naspers SA CEO Phuthi Mahanyele hope for... and fear?

What does Naspers SA CEO Phuthi Mahanyele hope for... and fear?

Bruce Whitfield interviews the powerful Naspers SA CEO Phuthi Mahanyele-Dabengwa about her attitude to money and beliefs about it.