Kudakwashe Tagwirei is a Zimbabwean business person with vast interests in the energy sector. He is sanctioned by the UK for profiting from misappropriation of property when his company, Sakunda Holdings, redeemed Government of Zimbabwe Treasury Bills at up to ten times their official value. His actions accelerated the devaluation of Zimbabwe’s currency, increasing the price of essentials, such as food, for Zimbabwean citizens. [1]
Allegedly benefiting from billions of dollars in opaquely awarded government contracts, as well as preferential access to minerals and scarce foreign currency, Tagwirei’s network is said to have received substantial state loans. [2] He was sanctioned under the US Magnitsky regime in 2024 and accused of bribing senior members of the Zimbabwean government through high-value gifts to gain access to resources and exert significant control over key sectors of Zimbabwe’s economy. [3]
Information
| IDENTIFYING INFORMATION | Businessman and presidental adviser |
| DATE OF BIRTH | 12.02.1969 |
| PLACE OF BIRTH | Shurugwi, Zimbabwe |
| NATIONALITY | Zimbabwe |
| COUNTRY OF RESIDENCE | Zimbabwe |
| FULL NAME | Kudakwashe Regimond Tagwirei |
| FIRST AND MIDDLE NAME(S) | Kudakwashe Regimond |
| ALIASES | (1) Kuda (2) Queen Bee |
| FAMILY MEMBERS | Phineas Tagwirei - father (deceased) Sandra Mpunga Tagwirei - spouse |
| FAMILY MEMBERS SUBJECT TO SANCTIONS | Sandra Mpunga - Spouse |
| SUSPECTED OR CONFIRMED LINKS TO LEGAL ENTITIES | Fossil Agro, Sakunda Energy (Private) Ltd, Sakunda Holdings (Private) Limited, Sakunda Properties (Private) Limited, Sakunda Trading (Private) Limited, Sakunda Logistics, Warcos Investments (Private) Limited, Sakunda Agriculture (Private) Limited, Sakunda Petroleum (Private) Limited (Majority shareholding), (Private) Limited, Billheights Investments (Private) Limited, Bionest Investments (Private) Limited t/a Trek Petroleum, Balesite Investments (Private) Limited -name changed to African Connection Logistics (Private) Limited, Landela Mining Ventures (Private) Limited, Landela Investments (Private) Limited, Great Dyke Investments (Private) Limited (50%), Bindura Nickel Corporation Limited (Majority shareholding), Freda Rebecca Holdings (Private) Limited and subsidiary, Freda Rebecca Gold Mine (Private) Limited (Majority shareholding), Chervantes Investments (Private) Limited, Landela Infrastructure (Private) Limited, Landela Energy (Private) Limited, Takutata (Pty) Limited, Suzako Investments (Pty) Limited, Redfox Management (Pty) Limited, East Africa Supply and Trading (Pty) Limited, African Connection Logistics SA (Pty) Limited, ACL Transport Solutions (Pty) Limited, ACL Bulk Packaging Solutions (Pty) Limited, Sotic International Limited, Sotic Trading Limited, Sotic Singapore Pte Limited, SOTIC South Africa (Pty) Limited, Pfimbi Limited, Pfimbi Resources (Private) Limited, Ziwa Resources (Private) Limited, Caladrius Investments Limited, Cascade Imperial (Pty) Limited. [1] |
| SUSPECTED OR CONFIRMED LINKS TO BANK ACCOUNTS | Bank accounts in Geneva-based Pictet Bank in Switzerland, United States, and likely a number of other countries. [1] [2] |
| ESTIMATES OF ASSETS FROZEN OR CONFISCATED | Unknown |
| ESTIMATES OF ASSETS RETURNED | None |
| SANCTIONS REGIMES | UK Global Anti-Corruption Sanctions. [1] US Global Magnitsky Sanctions [2] |
| START OF SANCTIONS | 22.07.2021 [1] 04.03.2024 [2] |