See also:
» 07.01.2011 - Record Zimbabwe debts to Equatorial Guinea
» 17.11.2010 - Zim diamond certification scandal revealed
» 04.03.2010 - Britain no yet convinced to lift Zim sanctions
» 02.03.2010 - Obama extends Zim sanctions for another year
» 01.03.2010 - Heading for another economic disaster
» 26.02.2010 - Evicted Zim farmers in another ‘victory’
» 27.01.2010 - Australia entrust SA with Zim recovery funding
» 06.01.2010 - Nestle reopens in Zimbabwe

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Zimbabwe | World
Economy - Development | Politics | Society

Not so quick Robert...

afrol News, 17 February - Zimbabwean political fat cats will have to spend another year under the scorching sanctions and scrutiny of the European eye.

This would mean another year of no luxury shopping trips to Europe or access to assets within the EU by Zimbabwean officials blacklisted.

This follows yesterday’s announcement by The European Union that is has renewed its sanctions against Zimbabwe for another year, because of what was termed lack of progress in the country's democratisation and power-sharing processes.

The EU said the sanctions, targeted at President Robert Mugabe and his allies will be extended for a further 12 months, while the situation in Zimbabwe is being monitored.

The sanctions include travel bans and assets freeze for Mr Mugabe and some other 100 members of his old government.

Zimbabwe lost support from the European Union since the country became a serial human rights violator and later inflicted a self-stab on its economy by driving commercial white farmers out of productive land.

Mr Mugabe had hoped that by signing the power-sharing deal a year ago, with the opposition would ease the western world stand on Zimbabwean policy. He has continually blamed the West for the collapse of his country’s economy and called for the sanctions to be lifted.

With the country marking a one year anniversary this week, in a marriage of convenience to rebuilding the once green and wealthy state, decreased to a mere beggar state today, critics have already ruled out the power sharing deal in Zimbabwe as almost dead.

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