AGP Executive Report
Last update: 17 minutes agoENPF Governance Dispute: Minister Apollo Maphalala has defended Inyatsi Construction CEO Derrick Shiba’s appointment to the Eswatini National Provident Fund (ENPF) Board, saying his ministry followed the law and that duties shifted from the old Local Administration portfolio to Housing and Urban Development. The move comes as the board’s seven-month impasse leaves it effectively unable to function. Water & Growth: Natural Resources Minister Prince Lonkhokhela says shared river cooperation is now a key economic development tool, not just an environmental duty, pointing to INMACOM’s role in managing the Incomati and Maputo basins across Eswatini, South Africa and Mozambique. Central Bank Reserves: The Central Bank of Eswatini says it now holds gold reserves worth E195 million, acquired to diversify holdings and strengthen reserve resilience amid global risks. Food Industry Pressure: Tiger Brands warns consumers may face higher prices as fuel, logistics and input costs squeeze manufacturers, with some cost increases likely unavoidable in categories like mayonnaise. Creative Industries Funding: ESWACOS has launched a Fund for Creativity and Artist Development under the CIDF, offering grants up to E5,000 for creators to take projects from concept to completion. AI Skills for Revenue Service: ERS signed an MoU with UNESWA to train 650 employees in AI literacy through the UNESWA AI Academy, aiming to boost responsible use and digital readiness. Regional Fisheries Oversight: SADC renewed the board of the Regional Fisheries Monitoring Control and Surveillance Coordination Centre, keeping Eswatini’s Boy Ronald Mavuso on the team as the region pushes harder against illegal fishing.
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