SWAZI CRISIS COULD SPREAD TO REGION

How much of a risk is the fiscal crisis in Swaziland to SA and the Southern African Customs Union (Sacu)? In some ways, the Swazi fiscal crisis is to Sacu what Greece is to the European Union. Economically, it is small, but a dramatic failure could start a chain reaction, Business Day, South Africa, reports today (27 May 2011).

It concludes, Swaziland needs a holistic solution that includes political and economic reforms. South Africa has to be a key player in that process, but for that to happen, the government needs to be more attentive to the problem than it apparently has been up till now.

To read the full report, click here.