Johannesburg - The regime of Swaziland's King Mswati III
cannot be entrusted with the loan meant to rescue the country, trade union federation Cosatu said on
Friday.
"It is the ruling Swazi regime that plunged the whole
country into the mess it is facing," Cosatu international relations
secretary Bongani Masuku said.
"This is not a natural disaster, but one made in
Lobamba (the country's traditional and legislative capital) by a few royal
elites who have milked the country dry from years of extravagance, corruption,
parasitism and poor management.
"Therefore, these same culprits cannot be entrusted
with managing the loan meant to rescue the country from the perpetual crisis it
is currently facing," he said.
On Thursday, the government said it had received a request
for a loan, but would not confirm reports that the amount was R10bn.
Swaziland is the continent's last absolute monarchy. Mswati
has been widely accused of repressing human rights, and harassing and jailing
pro-democracy activists.
The International Monetary Fund reportedly said Swaziland
has a budget deficit of 14.3% of gross domestic product with an economy that is "stuck in the
doldrums".
"Any consideration of a bailout must be linked to the
demand for a new and democratic government, as well articulated by the people of
Swaziland themselves in their various organisations and forums," said
Masuku.
The Swazi regime had to take responsibility and answer to
its people, instead of being bailed out.
"Failure to do so will result in the unintended
consequence of bolstering the confidence of those responsible for looting the
people's coffers with impunity," he said.
The Catholic Bishops of Southern Africa also expressed
concern at the South African government's consideration of the loan.
"We believe that the Swaziland government must abandon
or at least reform the 'Tinkhundla' system of governance, of royal favour and
alliance which is a breeding place for corruption and greed," spokesperson
Cardinal Wilfrid Napier said.
"Monies intended for alleviating the people's suffering
are diverted to support the lavish lifestyle of the monarchy," he said.
The bishops - from Botswana, Swaziland and South Africa - called on the South African government to make the loan conditional.
They said these conditions should include the implementation and recognition of the Universal Declaration of Human Rights, the revoking of a state of emergency declared by royal decree in 1973, and Mswati entering into dialogue to facilitate democracy.
The conditions should also include the establishment of a democratic process for writing a new constitution, the amendment of the existing constitution to reinstate human rights and a prohibition on the use of any of the bailout money to fund the monarchy.