The renewal comes despite calls by African leaders for sanctions to be lifted to give the country a chance to recover from its economic crisis. Sanctions were imposed under the rule of Robert Mugabe, who brought the country to near ruin during his 37-year tenure. The west accused him of rigging elections, rights abuses and oppressing opponents before he was ousted after a coup in 2017.
Zimbabwe believes the new dispensation has laid a firm foundation for future relations with the United States. But a military crackdown on post-election violence last August and fuel price protests in January offered stark indications that the country is reverting to the authoritarian streak that characterised Mugabe’s rule.
The sanctions bar US officials from voting for Zimbabwe to access funds from foreign lenders like the International Monetary Fund and World Bank, hobbling its economy, which is gripped by a severe shortage of dollars. With high inflation, and a shortage of cash in circulation eroding ordinary citizens’ spending power, the fragile state of the economy is at the heart of the country’s political troubles. The EU has retained sanctions on Mugabe as well as an arms embargo on Zimbabwe.

- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Virtual wardrobes redraw retail boundaries as gaming platforms become fashion ec…
The boundary between physical clothing and digital apparel is rapidly eroding as gaming environments evolve into fully functioning consumer markets.... Read more
From Estimates to Audits: Virgin PET data disrupts global synthetic fiber econom…
The global textile industry is recalibrating how environmental impact is measured, priced, and regulated. While polyester continues to dominate global... Read more
Retail’s new growth map in China, rise of premium wealth, senior spending
For decades, global fashion and retail companies built their China strategies around the rapid expansion of an aspirational middle class... Read more
Post-peak correction global cotton markets adjust amid shifting fundamentals
Following a period of aggressive increase, global cotton benchmarks have entered a cooling phase. The bullish momentum that propelled prices... Read more
From Runway Blueprint to Retail Rack: How Milano’s ‘Ready to Show’ shapes global…
As the fashion elite prepare their calendars for the Spring/Summer 2027 runway shows, an equally vital, multi-billion-dollar machinery is quietly... Read more
Natural fibers gain ground as microplastic awareness alters apparel demand
The global apparel industry is entering a new phase of disruption as consumer concern over microplastic pollution begins to materially... Read more
Global cotton output declines, raising stakes for spinners and fabric makers
A simultaneous drop across the global natural fiber sector is reshuffle-mapping trading dynamics for international textile mills, yarn spinners, and... Read more
Apparel’s inflation premium in the US signals a tough road for retailers
The latest inflation data from the U.S. Bureau of Labor Statistics has conveyed an important warning for the fashion and... Read more
The Alchemy of Adornment: Decoding the ‘Runway Trends’ and ‘Sartorial Shifts’ of…
As the global luxury sector navigates shifting economic currents, Milan continues to solidify its role as the definitive compass for... Read more
Engineered to Perform: How bio-based textiles are rewiring the $1.15 trillion at…
The global athleisure industry is entering a reset as the next phase of competition shifts from celebrity endorsements and logo... Read more












