News24

Banned Swazi opposition slams SA bailout

2011-08-04 13:05

Mbabane - Swaziland's banned opposition criticised on Thursday South Africa's decision to grant the monarchy a $355m bailout before first requiring democratic reform, including allowing political parties.

South Africa announced on Wednesday a R2.4bn ($355m) loan to neighbouring Swaziland on condition that King Mswati III opens talks on reforms in Africa's last absolute monarchy.

The People's United Democratic Movement (Pudemo) said it was disappointed South Africa had not heeded calls from Swazi activists to withhold the loan until Mswati agreed to allow political parties, banned in 1973.

Activists including Pudemo have also called for a transitional government to pave the way for elections within four years.

The loan sent a bad signal to the authorities, Pudemo president Mario Masuku told AFP.

"People who are pro-democracy in this country will get a backlash from the regime because the regime will be saying, 'We have won the battle'. It is a wrong decision," he said.

South African Finance Minister Pravin Gordhan said on Wednesday the loan deal "contains a set of objectives that promote economic and social development, multilateral co-operation, democracy, human rights and good governance".

But Masuku said he believed South Africa was "throwing money into a porous bucket with no management" because the Swazi government was "fraught with corruption".

Comments
  • farmworker - 2011-08-04 13:18

    Before we condemn the bailout let us all wait and think, do we want the Government to wait till Swazilan is like Zimbabwe. Think about it if that happens they will all be flocking into our country and I am sure they going to cost us a whole lot more that the bailout. Prevention is always far better than cure.

      rustic - 2011-08-04 13:24

      @farmworker, I think you are are wrong. Get rid of this royal leach and his horrible little government now, because in the end he will be overthrown anyway and our cash will be long-gone.

      tiredofitall - 2011-08-04 13:28

      It IS like Zim in many ways -- like no opposition allowed. This bailout money will just go down the royal cakehole until they need more. Rather force the democratic issue by witholding financial aid.

      daaidoos - 2011-08-04 13:35

      For once I agree with one of your posts. But I also think that SA government should have insisted that all political parties should be disbanded before releasing the first loan installment to Swaziland

      farmworker - 2011-08-04 13:39

      @rustic Trust me I am all against it because last time I checked my Government did not have money, now there is a Public Service strike looming because the very same government said they don’t have money. On a second thought I am just trying to weigh that against the consequence of them flocking our country.

      Creeky - 2011-08-04 13:59

      Guys... Zuma has a NEW POMP, think it is the Kings Sista...... and this payment is part of the LABOLA! Get used to it!

      YasButIDunno - 2011-08-04 14:21

      A couple of years ago I was stuck in a traffic jam on the N1 northbound near Allendale road, I was in the RH lane. Along comes a cavalcade of X5's with Toyota Camry's complete with blue lights outside the yellow line to my right, all the vehicles had Swazi registration numbers. I saluted with the traditional Jo'burg middle finger out the window as they roared past, I could swear I saw one of their "cops" reach for a weapon. They, and Zuma, think they are beholden to nobody. There is a civil war coming and it will be brought about by this squandering of the scarce resources we have in SA. The ANC is like a 3-year-old with a R100 note in a sweetshop.

      Andrew - 2011-08-04 16:53

      Swaziland is already like Zim, Its brutal in its approach to opposition, its bankrupt and is lad by arrogant people, whats the difference to Zim at lease in Zim thy pretend to be a true democracy.

  • Walter - 2011-08-04 13:26

    Couldn't agree more with "PUDEMO"! This government has done nothing or very little to promote democratic processes throughout Africa and will never be an influence on the world stage until they do so. We are becoming the laughing stock of the world....... I get emails daily to prove this.

  • mickh - 2011-08-04 13:26

    Amazing, South Africa is always preaching democracy yet we are the biggest friends of dictators that don't give a damn about their people, like King Mswati 111, Robert Mugabe, Fidel Castro, Gadaffi etc. Maybe the King should have sold his pricate jet to raise some money not to mention getting rid of a few wives and palaces and BMW's and Mercs.

      Mr Hobbit - 2011-08-04 21:47

      Dude, he has a Maybach. You can buy many BM's and Mercs for the price of a Maybach. But he also has many Mercs and BM's. He makes our government ministers look like thrifty, cost concious representatives, of the porrest of the porr. It hurts us all so badly, there are just no morals, scruples or ethics left in this region of Africa. Our politicians are reckless looters of the people's hard earned cash, where are the condemnations from our glorious ANCYL? The communist leaders of our country are supporting an unscrupulous dictator again, and the "Lions are not roaring, they are weeping."

  • sipholess - 2011-08-04 13:27

    Wake up South Africans, the the ANC are not interested in democracy,(Look at the way they treat Zim and Swaziland) If you live in SA you are only renting the house you live in, they will take it from you, it's only a matter of time.

      daaivark - 2011-08-04 13:37

      and this relates to the bailout how?

      FopSpeen - 2011-08-04 13:48

      Agreed, the ANC proclaim they are the keepers & pioneers of freedom in Africa.As soon as someone disagrees with them it's racism/capitalism/imperialism blah blah. Wake up people, they've been a dictator-like African black supremest monarchy all along. Supporting Mugabe and Mswati ffs. Two of the worst rulers in our life time

  • willieman - 2011-08-04 13:29

    South Africa has learned from China,support the ruling party disregad their human rights,their dictatorship.The king will be buying another BMw with our money

      Walter - 2011-08-04 13:44

      Only one? What about the next few wives he's going to marry? AND they need a palace each.

  • edalsg - 2011-08-04 13:34

    You demand changes --THEN lend money.We do it in reverse then NOTHING will change and you can write the money off !

  • balderdash - 2011-08-04 13:35

    I wonder how long King Mswati's wives will take to spend it.

      Playnice - 2011-08-04 13:41

      At about the same rate that Zuma and his wives spend our tax money

      bill.gradwell - 2011-08-04 18:17

      Fat cats all of them - but nothing we say will change this

  • Whuyu - 2011-08-04 13:35

    More proof that this cANCer led government in RSA has taken hypocrisy to new heights............supporting a dictatorship for years is in direct contradiction to our own democracy!

  • Ryan Shaw - 2011-08-04 13:37

    ANC loan to Swaziland almost clearly states one thing: it is ok for black people to be held out of democracy by other black people, but not by white people. . .the ANC need to get their views straight, they are either for democracy or they are not. They should have told Swaziland that they will lend them the money on condition that they hold a fully monitored democratic election. If Swaziland goes bust it will mean public services cannot be paid, this includes the army and police obviously, and if the army and police are not being paid chances are that King Mswati III is going to be facing a revolt. Once Swaziland has a democratic election they can get loans from many different sources.

  • Civil_Rights - 2011-08-04 13:39

    His just going to buy another jet. and probably waste the money on more polygamist activities.

  • X-Factor - 2011-08-04 13:50

    We are still recovering from a recession. Why are we being held to randsom like this? (re: we cant afford to have an unstable neighbour) Has Zimbabwe been stabilised with all the handouts given by SA? No it has not. We still have refugees flocking here.... Damnit, the recession has caused 100's of thousands of job losses here!!! Our economy is barely stable and yet we are handing out money to our neighbours. This is nonsensical. Swaziland must sort out their own problems and us ours!

      steven - 2011-08-04 15:52

      Recovering??? we are still in a recession

  • I_Say - 2011-08-04 13:58

    It's not like the Swazi's don't get most of their income from SA anyways through Customs Duties... Also, we can't bring Swaziland into SA because they're not ANC supporters..We also can't leave them to starve, coz they'll come into SA and you know how we feel about foreigners and them taking our jobs (That we don't have)

  • Badballie - 2011-08-04 14:04

    terrorists and dictators, all the same. And for the record democracy is just a revised version of the old dictatorship system nothing more or less,

  • Deon - 2011-08-04 14:26

    I can't understand why we don't just annex Swaziland and put them out of their misery.

      Totman - 2011-08-04 15:01

      Then he will be our KING and , looking at politicians, we have enough. Maybe you mend something like Monaco?

  • gmain - 2011-08-04 14:42

    'because the Swazi government was "fraught with corruption".' birds of a feather fly together......

      Neil - 2011-08-04 17:19

      you mean F*ck

  • Nikelle - 2011-08-04 14:44

    The Swazi king is the 15th richest royal in the world and still he drains his people on principle we should not loan them money .

  • Bheki - 2011-08-04 14:57

    leave our brother the king alone he was there to help us in the struggle and is a true great man who deserves respect, all kings deserve to live well regarldess of how country is and people must support him unconditionally !!!!

      Maczulu - 2011-08-04 16:08

      Eish we like dictators Eish.

  • Maczulu - 2011-08-04 15:06

    remember when we let off the dictatorship in cuba off for the loan we gave them! Watch this space. Sies ANC

  • bbcronk - 2011-08-04 15:25

    WE SHOULD BE BAILING OUR STATE HOSPITAL OUT THEY ARE SHORT OFF EVERY THING

  • MnrFotograaf - 2011-08-04 15:44

    Why do we not let Julius and his band of merry robbers go sort this out? I mean that way they can learn in a small country how to get rid of a despot before tackling the wider expanses of Botswana and Angola for instance.

  • DEVILS SON - 2011-08-04 16:11

    pay it to the queen in small change, all our old 1 and 2 cent coins, should keep him out of the swazi people hair for yrs

  • letsee - 2011-08-04 17:18

    Well, one can't starve people every time kings and politician are at odds with each other. Politicians use people and at times must resolve their problem without involving people.

  • nxumalo sicelo - 2011-08-04 19:36

    I am a Swazi and once again how I enjoy reading your comments here. But may be things are not as all of us see them. probably there is a conspiracy here which we may not be aware of. Also remember most Swazis like myself have nothing. All the businesses in Swaziland are owned by the king and other prominent South Africans. So wake up you all things are not as white as you see them.

  • Flamewulf - 2011-08-04 23:32

    Sad day for South Africa.

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