Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

EU gives millions for Zim

Jul 23 2010 16:17

Related Articles

Zim appeals for diamond ban lift

Zim forges ahead with diamond sales

Zimbabweans wash dirty US$

Zim power woes spoil Cup party

Talks over Zim diamonds deadlock

Zimbabwe companies bemoan power woes

 

Top Stories

Xstrata shuts furnaces to aid Eskom

Feb 13 2012 12:15

Miner Xstrata says it has brought forward maintenance on two furnaces to assist Eskom to save power.

SA economy adds 80 000 jobs in January

Feb 13 2012 10:43

Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.

Greece at last approves austerity measures

Feb 13 2012 07:58

Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.

 
Share Share line Print

Harare - The European Union is to give €15m ($19m) in humanitarian aid for Zimbabwe, the bloc's executive announced on Friday.

Zimbabwe has long been a political outcast as a result of international condemnation of President Robert Mugabe's authoritarian regime. But that has not stopped basic support being delivered to the country's beleaguered population.

The EU's humanitarian aid commissioner, Kristalina Georgieva, said a government of national unity, installed last year after Mugabe accepted to share power with the opposition, has produced "recent improvements."

However, "the road to recovery is still a long one. If we want Zimbabwe to get back on the path towards longer-term development, we will need to carry on with our efforts to provide clean water and sanitation facilities to the population," Georgieva indicated.

Zimbabwe has been crippled by Mugabe's land reforms, nominally aimed at giving disenfranchised black farmers the large plots owned by former white colonizers.

The policy led to the total collapse of the agriculture-based Zimbabwean economy, leaving large swathes of the population to rely
on international aid.

The latest funding from the EU is expected to provide for primary health care, distribution of medicines, supply of water and sanitation, as well as paying for vouchers and cash transfers to the population.Author: Alvise Armellini

- Sapa-dpa 

 
 
Comment on this story
11 comments
Add your comment
Comment 0 characters remaining
Facebook still a closed book in China
Feb 08 2012 16:59

Mark Zuckerberg wants to ''friend'' China's massive market but how far is he prepared to go, and against what competition?

NicolaaSmith

IFRS authorize Capital Maintenance in Units of Constant Purchasing Power except during hyperinflation Capital is required to create wealth. Sustainable wealth creation is the sustainable profitable application of real capital. Capital is generally saved up wealth or borrowed financial resources at ... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

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

Loading...