On Friday, the African Development Bank refused a $150 million loan request. It made Swaziland found its options narrowing to avoid financial collapse, turning to neighboring South Africa for a bailout. The finance minister said the country has not met conditions set by International Monetary Fund, so The African Development Bank (AfDB) refused Swaziland the [...]
Trading session was closed by China Life Insurance Co Ltd (NYSE: LFC) on Thursday at $48.00. The stock has reached a 52-week low of $47.16 and 52-week high of $70.71 last year. The stock of China Life Insurance (LFC) supports around $46.83 and resistance in the $48.65 range. Related Posts10.28% Downside Protection that was owned [...]
Yesterday, the Department of International Relations finally confirmed that strapped Swaziland has approached SA for financial assistance. SA has denied reports of a loan request by the kingdom over the past few weeks. The Swaziland government proposed an indefinite pay freeze and salary cuts for public servants In March. The kingdom was also struggling to [...]
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