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

Alan Sugar on Jeremy Corbyn:

“It’s clear you alluded to students refunds to get votes from young impressionable people. You are a cheat and should resign.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Diane Abbott Tweets Fake May Quote Diane Abbott Tweets Fake May Quote
Labour’s Brexit Shambles Labour’s Brexit Shambles
Stop the War Getting Free Tours at Imperial War Museum Stop the War Getting Free Tours at Imperial War Museum
WATCH: We Fixed Momentum’s Nepotism Video WATCH: We Fixed Momentum’s Nepotism Video
Anti-Grammar Labour MP Sent Sons to Grammar School Anti-Grammar Labour MP Sent Sons to Grammar School
Petrol and Diesel Ban Hypocrites Petrol and Diesel Ban Hypocrites
Abi Says Is Abi Exempt from 100% Inheritance Tax Abi Says Is Abi Exempt from 100% Inheritance Tax
Former MP Abusing Parliamentary Pass Former MP Abusing Parliamentary Pass
Exclusive: New Government Appointments in Full Exclusive: New Government Appointments in Full
Corbyn Deletes Another Wrong Tweet Corbyn Deletes Another Wrong Tweet
Everything is Awesome for Manufacturing Everything is Awesome for Manufacturing
HMT Predictions Way Off HMT Predictions Way Off
#DespiteBrexit: A Classic of the Genre #DespiteBrexit: A Classic of the Genre
Hat-Trick of Brexit Good News Hat-Trick of Brexit Good News
Guido’s Student Debt Story on Standard Front Page Guido’s Student Debt Story on Standard Front Page
Watch: Shadow Minister Makes Student Debt Promise Watch: Shadow Minister Makes Student Debt Promise
IPSO Throws Out Baroness Scotland Complaints IPSO Throws Out Baroness Scotland Complaints
100% Inheritance Tax: Stupid or Evil? 100% Inheritance Tax: Stupid or Evil?
Paul Mason’s Play in 60 Seconds Paul Mason’s Play in 60 Seconds
Sunday Shows Sunday Shows