Thursday, 13 October 2011

Swaziland Loan From South Africa Not Signed Yet


Swaziland has not yet signed an agreement for a R2.4-billion loan from South Africa, but it is not clear if it has instead turned to Qatar for aid, the National Treasury said on Thursday.


"All I know is that the document has not been signed. We don't know what the delay is," Treasury spokeswoman Bulelwa Boqwana said.
"They never came back to sign."
She was responding to a Daily Sun report that Swazi King Mswati had turned down the loan offer from South Africa and instead struck a deal with Qatar for R10-billion in aid. [Timeslive]

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