SARB's Guma on Swaziland and monetary union

In a speech given on 1 March Xolile Guma of the South African Reserve Bank said Swaziland needs to address a number of issues in regard to its position in the establishment of a regional monetary union.

"When Swaziland ceased to be a protectorate of Great Britain, there were a number of choices to be made including the incorporation and management by some larger authority," he observed.

However, for small emergent economies with limited monetary power like Swaziland, he said economic options which

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