- 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.
afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.
afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.
front page
| news
| countries
| archive
| currencies
| news alerts login
| about afrol News
| contact
| advertise
| español