Loading...
See More

SA sold R70m worth of weapons to Libya

Apr 10 2011 11:13 Sapa

Related Articles

Denel denies Libya arms sales

Arms deal tally rests at R47.2bn

Tanzania asks for SA Navy help

Arms deal: UK probe to name locals

Arms deal traced to Kazakhstan

SA firm linked to illegal arms

 
Johannesburg - The National Conventional Arms Control Committee (NCACC) annual report for 2010 showed that South Africa sold weapons to Libya worth about R70m last year, the Sunday Independent reported.

This included Category A weapons worth R1.9m, Category B weapons worth R10.7m and Category C weapons worth R56.2m.

NCACC chairperson and Justice Minister Jeff Radebe said South Africa exported arms worth R80.9m to Libya between 2003 and 2009.

He refused to say whether more weapons went to Libya last year ahead of that country's civil unrest.

South African law prohibited the sale of weapons to countries where they may contribute to international repression, human rights violations or were likely to escalate regional military conflicts, endanger peace or threaten regional stability.

The NCACC was supposed to oversee weapons and military equipment transactions to ensure this did not happen.

Last year government approved the sale of more than R35bn of military hardware to 78 of the world's most repressive regimes according to the report.

In addition, it approved 345 weapons contracts with 83 countries to the value of R27.7bn as well as 3 536 arms export permits worth R8.3bn and allowed imports from 69 countries valued at R3.9bn.

Officially sanctioned weapons exports included: Algeria (R158.3m), Azerbaijan (R119.1m), Burundi's (R119.1m), Equatorial Guinea (R5.8m), Pakistan (R34.6m), China (R60.5m) and Saudi Arabia (R68.2m).
libya  |  arms  |  exports
NEXT ON FIN24X

 

Lastest Articles

Here is how to check your credit score and manage it Read More...
Top tips to save money over the festive period Read More...
These are the top 5 most fuel efficient cars in SA Read More...
What to consider when switching medical aid schemes Read More...
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
5 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Brought to you by BizNews

More from BizNews

We're talking about:

Small Business

Retailers of any shape and size can now unlock the power of mobile transacting.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...