Swaziland: Reignited Swazi bailout raises hackles

It looks as though South Africa will finally lend cash-strapped Swaziland R2.4-billion, although the details, terms and conditions of the loan remain unclear. It has raised concern among pro-democracy activists who have always questioned the wisdom of the loan. Treasury spokesperson Jabulani Sikhakhane confirmed to the Mail & Guardian that a memorandum of understanding had been signed by the countries’ foreign ministers, but said 'discussions between the financial authorities are still ongoing'.