A report yesterday incorrectly stated that a R1.2 billion loan had been granted by the South African government to Swaziland. While the South African government is in receipt of a loan request from Swaziland, as confirmed last week, no loan has been agreed to or granted to Swaziland.
Technical discussions between South Africa and Swaziland on possible assistance are on-going. They take place in the context of the global recession which resulted in Swaziland losing nearly 60 per cent of its revenue from the Southern African Customs Union (SACU).
The South African government will communicate once any decision has been made.