IMF Says 'No Improvement' in Swaziland's Economy
Swaziland's government has failed to improve the economy in any appreciable way and cannot pay its bills, says an IMF report.
Negotiations by financial authorities of the two countries are still under way for a possible R2.4 billion rescue package loan, the South African government says. Read more »
Despite refusing to reduce his personal expenditure, King Mswati III has cut public servants' salaries in order to fix his kingdom's economic crisis.Read more »