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Zimbabwe cement company shares suspended to check impact of US sanctions on new shareholder

HARARE - Trading in Lafarge shares has been suspended on the Zimbabwe Stock Exchange (ZSE), as the company reviews the impact of United States sanctions imposed on its new owners. The US government imposed sanctions on Fossil Agro and Fossil Contracting, part of the Fossil Group, and also sanctioned Obey Chimuka, the company’s owner. The…
United States Mashonaland East Mashonaland Central International Cement Government Of Zimbabwe Command Agriculture Program Mines Private

United States Imposes Sanctions on Mnangagwa's Son, Sakunda Holdings Chief Kudakwashe Tagwirei's Wife

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Monday designated the son of President Emmerson Mnangagwa, his wife and other Zimbabweans and two entities, and removed seventeen from the Specially Designated Nationals and Blocked Persons List (SDN List). In a...
United States Emmerson Mnangagwa Jr Nqobile Magwizi Emmerson Mnangagwa Mnangagwa Jr Briane Nelson

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