{"id":93424,"date":"2024-04-21T11:22:40","date_gmt":"2024-04-21T09:22:40","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased"},"modified":"2024-04-21T19:01:22","modified_gmt":"2024-04-21T17:01:22","slug":"zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased","title":{"rendered":"Zimbabwe Asks US to Help Remind Banks That Sanctions Eased"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>HARARE \u2014 Zimbabwe has asked the US to remind banks that Washington has recently eased some of its sanctions on the southern African nation.<\/p>\n

\u201cWe requested the US Treasury to issue an advisory note to US banks that they have lifted sanctions and that Zimbabwe is open for business,\u201d Finance Minister Mthuli Ncube told reporters Friday during an online briefing from Washington.<\/p>\n

Zimbabwe officials met with the US Treasury to make the request, he said. The delegation is in Washington to attend the Spring meetings of the International Monetary Fund and World Bank.<\/p>\n

In March, the US updated its sanctions program and said American entities may re-examine their stance on Zimbabwe, even as it applied sanctions to President Emmerson Mnangagwa and other top officials.<\/p>\n

Read More: Deutsche Bank Cuts Ties to Zimbabwean Unit of Standard Bank<\/p>\n

The Reserve Bank of Zimbabwe estimates that at least 100 correspondent banking relationships were lost over the last two decades because of the country\u2019s perceived high risk due to sanctions.<\/p>\n

The Bankers Association of Zimbabwe said lenders in the southern African nation have several correspondent banks in different currencies. \u201cFocus is mostly on the US dollar where direct clearing arrangements with US banks are difficult to come by,\u201d said Lawrence Nyazema, the association\u2019s president, by text message on Saturday. \u201cMost banks are clearing US dollars through other stronger banks in South Africa and elsewhere.\u201d<\/p>\n

Zimbabwe\u2019s own banks have adequate mechanisms in place to counter money laundering and terrorism financing, with the country\u2019s removal from the grey list two years ago evidence of sufficient controls, George Guvamatanga, Secretary for Finance and Economic Development, told the briefing.<\/p>\n

For More News And Analysis About Zimbabwe<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. HARARE \u2014 Zimbabwe has asked the US to remind banks that Washington has recently eased some of its sanctions on the southern African nation. \u201cWe requested the US Treasury to issue an advisory note to US banks that they have lifted sanctions and that Zimbabwe is open for business,\u201d Finance Minister Mthuli […]<\/p>\n","protected":false},"author":84,"featured_media":93423,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6,8,35,2715],"tags":[1493,2189,19],"class_list":{"0":"post-93424","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"category-head-lines","10":"category-homepage-english","11":"category-to-homepage","12":"tag-africa-press","13":"tag-africa-press-zimbabwe-2","14":"tag-zimbabwe"},"yoast_head":"\nZimbabwe Asks US to Help Remind Banks That Sanctions Eased - zimbabwe<\/title>\n<meta name=\"description\" content=\"HARARE \u2014 Zimbabwe has asked the US to remind banks that Washington has recently eased some of its sanctions on the south ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zimbabwe Asks US to Help Remind Banks That Sanctions Eased\" \/>\n<meta property=\"og:description\" content=\"HARARE \u2014 Zimbabwe has asked the US to remind banks that Washington has recently eased some of its sanctions on the south ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-21T09:22:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-21T17:01:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2024\/04\/sm_1713686535.196573.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"840\" \/>\n\t<meta property=\"og:image:height\" content=\"559\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased\",\"name\":\"Zimbabwe Asks US to Help Remind Banks That Sanctions Eased - zimbabwe\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2024\/04\/sm_1713686535.196573.jpg\",\"datePublished\":\"2024-04-21T09:22:40+00:00\",\"dateModified\":\"2024-04-21T17:01:22+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4\"},\"description\":\"HARARE \u2014 Zimbabwe has asked the US to remind banks that Washington has recently eased some of its sanctions on the south ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2024\/04\/sm_1713686535.196573.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2024\/04\/sm_1713686535.196573.jpg\",\"width\":840,\"height\":559,\"caption\":\"Zimbabwe Asks US to Help Remind Banks That Sanctions Eased\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.cc\/zimbabwe\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Zimbabwe Asks US to Help Remind Banks That Sanctions Eased\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/\",\"name\":\"zimbabwe\",\"description\":\"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4\",\"name\":\"cfeditoren\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Zimbabwe Asks US to Help Remind Banks That Sanctions Eased - zimbabwe","description":"HARARE \u2014 Zimbabwe has asked the US to remind banks that Washington has recently eased some of its sanctions on the south ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased","og_locale":"en_US","og_type":"article","og_title":"Zimbabwe Asks US to Help Remind Banks That Sanctions Eased","og_description":"HARARE \u2014 Zimbabwe has asked the US to remind banks that Washington has recently eased some of its sanctions on the south ...","og_url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased","og_site_name":"zimbabwe","article_published_time":"2024-04-21T09:22:40+00:00","article_modified_time":"2024-04-21T17:01:22+00:00","og_image":[{"width":840,"height":559,"url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2024\/04\/sm_1713686535.196573.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased","url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased","name":"Zimbabwe Asks US to Help Remind Banks That Sanctions Eased - zimbabwe","isPartOf":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2024\/04\/sm_1713686535.196573.jpg","datePublished":"2024-04-21T09:22:40+00:00","dateModified":"2024-04-21T17:01:22+00:00","author":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4"},"description":"HARARE \u2014 Zimbabwe has asked the US to remind banks that Washington has recently eased some of its sanctions on the south ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased#primaryimage","url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2024\/04\/sm_1713686535.196573.jpg","contentUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2024\/04\/sm_1713686535.196573.jpg","width":840,"height":559,"caption":"Zimbabwe Asks US to Help Remind Banks That Sanctions Eased"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-asks-us-to-help-remind-banks-that-sanctions-eased#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.cc\/zimbabwe\/"},{"@type":"ListItem","position":2,"name":"Zimbabwe Asks US to Help Remind Banks That Sanctions Eased"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website","url":"https:\/\/www.africa-press.net\/zimbabwe\/","name":"zimbabwe","description":"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4","name":"cfeditoren"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts\/93424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/comments?post=93424"}],"version-history":[{"count":1,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts\/93424\/revisions"}],"predecessor-version":[{"id":93428,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts\/93424\/revisions\/93428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/media\/93423"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/media?parent=93424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/categories?post=93424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/tags?post=93424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}