Zimbabwe: Mugabe Spits Fire, Threatens Western Firms

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Robert Mugabe, Zimbabwe's President has threatened to retaliate against Western countries that have imposed sanctions on his rule, saying that British and US firms could be targeted for action.

Mugabe and prominent members of his ZANU-PF party are subject to financial and travel sanctions imposed by the United States and the European Union.

The sanctions were applied by Washington and Brussels to punish alleged election-rigging and abuses of power.

"They should not continue to harass us, the British and Americans," he told supporters at the funeral of an air force officer.

"We have not done anything to their companies here, the British have several companies in this country, and we have not imposed any controls, any sanctions against them, but time will come when we will say well, tit for tat, you hit me I hit you".

According to Aljazeera, British companies in Zimbabwe include banking groups Standard Chartered Plc and Barclays Plc. These are already the target of a so-called "indigenisation" policy that requires they cede a majority stake to black Zimbabweans.
 
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