Hague Zim Diamond Dilemma

It is sounding increasingly like Hague could abandon the long-term British foreign policy position and ease sanctions against Zimbabwe and Mugabe’s cronies. EU sanctions will lapse on Wednesday and the Belgians are putting a spanner in the works thanks to their interests in the diamond market. Guido hears that the FCO could give in this week. Mugabe’s diamond mining business, and its Mining Minister Obert Mpofu, are being considered for unfreezing of assets and lifting of travel bans.

Mpofu, a man of meagre means until diamonds were discovered in Zimbabwe in 2006, is said to have spent $20,000,000 of his own fortune on cars, property and gifts in Zimbabwe last year. The rest he just squandered. The ZMDC state mining firm that he runs is also a potential business partner hundreds British businesses queuing at the door of Zimbabwe. While it may be tempting for Hague to allow Mpofu and his ilk to come to the spend their cash here, and Britain has a financial interest in seeing restrictions lifted,  it comes at a price: ZMDC is the funding vehicle for Mugabe’s election machine and police state. Agree to lift sanctions now and the FCO will not have a leg to stand on over the Zimbabwean presidential elections, scheduled for July. You reap what you sow… 

UPDATE: The Telegraph’s man in Brussels has more on why the Belgians want the restrictions lifted.



Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Ken Clarke tells the Ben Fellows trial:

“The idea that I would go strolling off in order to grope a man in an office is highly unlikely.”

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

GMB UNION SUE UBER GMB UNION SUE UBER
Who Will Be UKIP’s Mayoral Candidate? Who Will Be UKIP’s Mayoral Candidate?
Meanwhile, in Venezuela… Meanwhile, in Venezuela…
TWITTER EMPLOYEES JUMP FROM SINKING SHIP TWITTER EMPLOYEES JUMP FROM SINKING SHIP
Times Trolls Burnham Times Trolls Burnham
CHAMPAGNE SOCIALISTS BACK CORBYN CHAMPAGNE SOCIALISTS BACK CORBYN

SINN FEIN SHOULD “TAKE INSPIRATION” FROM ARMED UPRISING SINN FEIN SHOULD “TAKE INSPIRATION” FROM ARMED UPRISING
ALL CHANGE AT GREEN PARTY HQ ALL CHANGE AT GREEN PARTY HQ
I Can’t Believe He’s Not Tory! I Can’t Believe He’s Not Tory!
UBER DESTROYING RACIST TAXI INDUSTRY UBER DESTROYING RACIST TAXI INDUSTRY
Could Labour Fall Apart Under Corbyn? Could Labour Fall Apart Under Corbyn?
Hilarious Prankster Hilarious Prankster
GREENPEACE LIVID GREENPEACE LIVID
Did Labour Leadership Candidates Smoke Dope? Did Labour Leadership Candidates Smoke Dope?
Another Andy Flip Flop Another Andy Flip Flop
Clegg Whores Himself Out Clegg Whores Himself Out
RETURN OF THE FRACKERS, CUADRILLA TO APPEAL RETURN OF THE FRACKERS, CUADRILLA TO APPEAL
FLASHBACK: TORY WHIP ON SCANDAL INVOLVING “SMALL BOYS” FLASHBACK: TORY WHIP ON SCANDAL INVOLVING “SMALL BOYS”
“Owen Jones is the 1%” “Owen Jones is the 1%”
Jedward Told to “F**k Off” By Indy Staff Jedward Told to “F**k Off” By Indy Staff
CLIMATE LOBBY DRAFT ARNIE CLIMATE LOBBY DRAFT ARNIE
MOD FORCED TO FIGHT RUSSIAN AGGRESSION… WITH TWEETDECK MOD FORCED TO FIGHT RUSSIAN AGGRESSION… WITH TWEETDECK
Mental Marxists: Tories Will Gas the Poor Mental Marxists: Tories Will Gas the Poor
MONEYBAGS BURNHAM TRAILS DESPITE SIX FIGURE FUNDING BONANZA MONEYBAGS BURNHAM TRAILS DESPITE SIX FIGURE FUNDING BONANZA
ROLL CALL OF LABOUR ‘MORONS’ ROLL CALL OF LABOUR ‘MORONS’
YOUGOV: CORBYN 17% AHEAD FIRST PREFS YOUGOV: CORBYN 17% AHEAD FIRST PREFS
BBC In Shocking Ice Revelation BBC In Shocking Ice Revelation
BBC Avoids Questioning Janner BBC Avoids Questioning Janner
TORY MP: SNP DON’T KNOW THEIR RS FROM THEIR ELBOW TORY MP: SNP DON’T KNOW THEIR RS FROM THEIR ELBOW