Firm with licence to print Mugabe's money
The Mugabe regime's final lifeline is a small Vienna-based software company that helps it to keep printing the money it relies on for its survival, The Independent can reveal.
Jura JSP, an Austro-Hungarian firm with just 50 employees, has been dealing with the pariah government in Harare, enabling it to keep ahead of its hyperinflation crisis. Officials at the company confirmed yesterday that it supplied the licences and software used to design and print the Zimbabwe dollar, but would review this position if required to do so by the EU.
Fresh EU sanctions announced yesterday do not cover all companies dealing with the Mugabe regime, but other firms named and shamed for profiting from the Zimbabwe crisis have cut all links. The software company enables the regime to print the money it uses to pay the army, police and security agents which keep Zanu PF in power. Without access to paper money, Mr Mugabe would face an immediate crisis.