Share

Zim receives EU aid after decade of sanctions

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
loading...
Loading, please wait...
(<a href=www.shutterstock.com>Shutterstock</a>)
(<a href=www.shutterstock.com>Shutterstock</a>)

Harare - The European Union (EU) has given Zimbabwe $267m, it said on Monday, the first time the bloc has given financial aid to the southern African nation's government since imposing sanctions in 2002.

The 28-nation EU has gradually eased biting sanctions on Zimbabwe to encourage political reform, although it has kept an asset freeze and a travel ban on veteran President Robert Mugabe and his wife Grace, as well as an arms embargo.

Since imposing the sanctions, the EU has shunned the government, and restricted its funding to charities only.

Read this for free
South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.
Try our free 14-day trial
Already a subscriber? Sign in
heading
description
username
Show Comments ()
Rand - Dollar
19.10
+0.3%
Rand - Pound
23.71
+0.5%
Rand - Euro
20.38
+0.1%
Rand - Aus dollar
12.28
+0.2%
Rand - Yen
0.12
+0.2%
Platinum
942.60
-0.8%
Palladium
1,029.00
-0.1%
Gold
2,395.52
+0.7%
Silver
28.60
+1.3%
Brent Crude
87.11
-0.2%
Top 40
67,314
+0.2%
All Share
73,364
+0.1%
Resource 10
63,285
-0.0%
Industrial 25
98,701
+0.3%
Financial 15
15,499
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders