The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on the Zimbabwe’s President Emmerson Mnangagwa,10 individuals and three entities for their involvement in corruption or serious human rights.
At the same time, President Joe Biden signed an Executive Order (E.O.) terminating the national emergency with respect to Zimbabwe and revoking the E.O.s that have authorized Zimbabwe-specific sanctions. As a result, the economic sanctions administered by OFAC pursuant to the Zimbabwe sanctions program are no longer in effect.
“The changes we are making today are intended to make clear what has always been true: our sanctions are not intended to target the people of Zimbabwe”
Deputy Secretary of the Treasury Wally Adeyemo
Emmerson Mnangagwa is famous not only his actions in Zimbabwe. It is known that he supports Russia and its military actions in Ukraine.
“Zimbabwe is a reliable ally of Russia in Africa, where we have developed strong, reliable and friendly ties even in those years when the Zimbabwean people fought for independence,” Russian President Vladimir Putin stated in 2023, when the President of Zimbabwe visited Russia.
