France may cancel Zimbabwe debt – report

2013-11-06 11:20

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Cape Town – Zimbabwe is likely to benefit from debt cancellations by the French government after Social Economy Minister Benoît Hamon said his country intended to transfer loans made in the past into donations in 2014.

The debt relief was almost immediate, the minister said, naming Somalia, Zimbabwe, Chad, Ivory Coast and Sudan as the countries set to benefit from the plan, according to a report

It was however, not clear how much Zimbabwe owed France but the southern African country is said to be chocking under a debt pile of more than $10bn, the report said.

Zimbabwe has been reeling under western sanction for over a decade.

Last month the 89-year-old veteran leader called on European nations to lift sanctions against Zimbabwe in order to boost trade ties.

Mugabe was quoted as telling France to have a “national introspection” and see whether it was right to continue to pursue the policy of sanctions against Zimbabwe.

Read more on:    robert mugabe  |  zimbabwe  |  france  |  southern africa

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X 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
Comments have been closed for this article.

Inside News24


10 gorgeous plus-sized models who aren't Ashley Graham

Here are just ten of our favourite plus-sized models:


You won't want to miss...

WATCH: Pornhub is giving users free access to premium content these holidays
5 top leg exercises for men
10 best dressed men of 2017
How to open a beer bottle without an opener
Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.