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Britain to cut aid to South Africa in 2015
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| Contributor | IndyGeorgia |
| Last Edited | IndyGeorgia Apr 30, 2013 11:58am |
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| Category | News |
| Author | AFP |
| News Date | Tuesday, April 30, 2013 05:00:00 PM UTC0:0 |
| Description | Britain has announced that it will cut off direct aid to South Africa in 2015, citing its status as Africa's biggest economy.
London currently gives £19-million of bilateral aid a year to Pretoria, down from a peak of more than £40-million in 2003.
Britain said its relationship with South Africa should now be based on trade rather than aid following its transition from apartheid to a "flourishing democracy".
"South Africa has made enormous progress over the past two decades, to the extent that it is now the region's economic powerhouse and Britain's biggest trading partner in Africa," international development secretary Justine Greening was due to tell a conference of African ministers and business leaders in London.
"I have agreed with my South African counterparts that South Africa is now in a position to fund its own development," she was to say.
But Pretoria greeted Tuesday's "unilateral announcement" with thinly veiled anger, warning that South African government relations were at risk. |
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