JOHANNESBURG, June 25 (Reuters) – South Africa and Swaziland
have signed a memorandum of understanding relating to a 2.4
billion rand bailout for Africa’s last absolute monarchy
although the actual loan agreement has not yet been signed, a
South African official said on Monday.
“The financial authorities of the two countries are still
discussing the matter of the loan,” Treasury spokesman Jabulani
Sikhakhane said.
(Reporting by Ed Cropley; Editing by Pascal Fletcher)
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