Neighbours

Neighbours

  • Fact: #

South Africa has agreed to provide a conditional guarantee for a loan of R2.4 billion from the South African Reserve Bank (SARB) to the Central Bank of Swaziland (CBS), in order to ease their budget crisis. (http://bit.ly/nnPJya)

This week’s theme: The Rand

2 responses to “Neighbours”

  1. David

    13 years Ago

    How long will our loan amount sustain them? What is their source of income currently? How do they plan to sustain themselves after the loan? Great gesture from our part 🙂

  2. Pam

    13 years Ago

    Whether or not this was a “great gesture” is highly debatable.

    Instead of helping alleviate Swaziland’s financial crisis, this may instead be providing cash in the pocket of Africa’s last absolute monarch to spend on his already extravagant lifestyle.

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