AGP Executive Report
Last update: 6 hours agoPIC Governance Shake-up: South Africa’s Public Investment Corporation (PIC) has a new board after weeks of turmoil, with Deputy Minister Seiso Mohai appointed chair as Cabinet moves to restore stability at the R3.6-trillion asset manager. Local Governance & Jobs: Eswatini’s Mpakeni Dam project has reached 51% completion and created 1,004 local jobs, with recruitment continuing as Phase II expands. Water Infrastructure Funding: Government has asked the African Development Bank to waive two loan conditions to unlock Phase 1B of the Mkhondvo-Ngwavuma Water Augmentation Programme, after months of delays. Health Sector Governance: EswatiniMed shareholders voted to restart the nomination process for two Governing Board members after the recent AGM procedure was found not to fully meet constitutional requirements. Labour & Accountability: Former Luke Commission (TLC) employees have petitioned Parliament over alleged unfair labour practices, contract handling issues, and unpaid benefits. Arts Procurement: ENCAC has procured a mobile stage unit to help regional festivals and lower costs for creatives. Immigration Pressure: Eswatini says only 36 asylum seekers have been received at Malindza, as MPs question readiness for possible deportation-driven influxes. Youth Inspiration: A former Vulamasango learner returned from Taiwan to motivate pupils to pursue education and bigger goals. Regional Economy: Central Bank of Eswatini says SADC banks remain sound but warns supervision must stay vigilant amid economic pressures.
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