SWAZILAND: University closed by cash crisis

The University of Swaziland has not opened for the new academic year after the government failed to provide money for student fees, reports the BBC.

The university announced that registration had been suspended and lectures postponed.
Student union leader Pasika Dlamini said most students did not show up for classes after the announcement.

The country is so short of money that South Africa last week granted it an emergency loan of $355 million. The university confirmed to the BBC that because money had not arrived to pay for most student scholarships, it could not open.
Full report on the BBC site