In partnership with
  • Busting Uber myths

    The ehailing firm is constantly trying, succeeding - and sometimes failing, says Ian Mann.

  • Trapped in a democracy

    The very people elected to bring benefits to all are undermining SA, says Solly Moeng.

  • Marikana spectre

    Five years after the bloody massacre calls for justice are growing louder, says Terry Bell.

Loading...

Zim loan must not be 'blank cheque'

Sep 09 2012 12:45
Sapa
Johannesburg - A budgetary support loan of around R827m sought by Zimbabwe from the South African government should not be granted without strict conditions, the Democratic Alliance said on Sunday.

DA international relations spokesperson Ian Davidson said in a statement that he had written to Finance Minister Pravin Gordhan asking that any funding to Zimbabwe have conditions aimed at helping the country reach peaceful political transition.

"In particular, we cannot provide funding to Zimbabwe if (an) agreement is not reached on a new... constitution, or if an election before the new constitution has been finalised and agreed by all relevant parties," Davidson said.

The DA was concerned that the money would be used for political campaigning and to fund Zimbabwean president Robert Mugabe's militia, rather than for the benefit of the Zimbabwean public.

"We will also recommend that the funding is given on a ring-fenced basis for specific projects and not as a blank cheque for Mugabe." 


*Follow Fin24 on TwitterFacebookGoogle+ and Pinterest
democratic ­alliance  |  zimbabwe

 
 
 

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
40 comments
Comments have been closed for this article.
 

Company Snapshot

We're Talking About...

Savings Month

It's never too late to start saving. Visit our special issue and add your voice.
 

Money Clinic

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

Voting Booth

The proposal to nationalise SARB will

Previous results · Suggest a vote

Loading...