{"id":11824,"date":"2012-06-25T23:54:50","date_gmt":"2012-06-25T21:54:50","guid":{"rendered":"http:\/\/www.myza.co.za\/06\/update-1-s-africa-swaziland-sign-mou-relating-to-bailout\/"},"modified":"2012-06-25T23:54:50","modified_gmt":"2012-06-25T21:54:50","slug":"update-1-s-africa-swaziland-sign-mou-relating-to-bailout","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-1-s-africa-swaziland-sign-mou-relating-to-bailout\/","title":{"rendered":"UPDATE 1-S.Africa, Swaziland sign MoU relating to bailout"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>(Adds background)<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG, June 25<\/span> (Reuters) &#8211; South Africa and Swaziland<br \/>\nhave signed a memorandum of understanding relating to a 2.4<br \/>\nbillion rand bailout for Africa&#8217;s last absolute monarchy,<br \/>\nalthough the actual loan agreement has not yet been signed, a<br \/>\nSouth African official said on Monday.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The financial authorities of the two countries are still<br \/>\ndiscussing the matter of the loan,&#8221; Treasury spokesman Jabulani<br \/>\nSikhakhane said.<\/p>\n<p><span><\/span><\/p>\n<p>A South African government source said the MoU signed by the<br \/>\ntwo countries covered &#8220;matters of assistance&#8221; relating to the<br \/>\nloan. He gave no more details.<\/p>\n<p><span><\/span><\/p>\n<p>The loan was initially negotiated a year ago when<br \/>\nSwaziland&#8217;s government was in the depths of a funding crisis<br \/>\ncaused by a slump in revenues from a regional customs union that<br \/>\nhave normally accounted for two-thirds of its income.<\/p>\n<p><span><\/span><\/p>\n<p>However, the loan was not immediately signed by Swaziland<br \/>\nbecause of its objections to Pretoria&#8217;s imposition of conditions<br \/>\nrelating to political and economic reforms in the southern<br \/>\nAfrican kingdom, where political parties are banned.<\/p>\n<p> (Reporting by Ed Cropley; Editing by Pascal Fletcher)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Adds background) JOHANNESBURG, June 25 (Reuters) &#8211; South Africa and Swaziland have signed a memorandum of understanding relating to a 2.4 billion rand bailout for Africa&#8217;s last absolute monarchy, although the actual loan agreement has not yet been signed, a South African official said on Monday. &#8220;The financial authorities of the two countries are still [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-11824","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=11824"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11824\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=11824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=11824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=11824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}