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Showing posts with label iccfish. Show all posts
Showing posts with label iccfish. Show all posts

Friday, 8 March 2024

Swaziland Newsletter No. 817 – 8 March 2024

 

Swaziland Newsletter No. 817 – 8 March 2024

News from and about Swaziland, compiled by Global Aktion, Denmark (www.globalaktion.dk) in collaboration with Swazi Media Commentary (www.swazimedia.blogspot.com), and sent to all with an interest in Swaziland - free of charge.

 

eSwatini’s reconstruction fund fraud: 12 investigated for claiming over E1 million

By Saboor Bayat, BNN Breaking News, 6 March 2024

SOURCE 

MBABANE: In a significant development, at least 12 applicants are under investigation by the Royal Eswatini Police Service (REPS) for allegedly defrauding the government of over E1 million through false claims to the Reconstruction Fund. This revelation comes from the Ministry of Finance’s annual performance report for the 2023/2024 financial year, highlighting a concerning misuse of funds meant to aid businesses affected by the 2021 civil unrest.

The investigations focus on applicants accused of submitting claims for damages that never occurred, using tampered documents, including quotations and invoices, and fraudulent company stamps. This misconduct undermines the fundamental aim of the Reconstruction Fund, introduced by His Majesty King Mswati III in September 2021 with an initial government injection of E500 million. The fund’s objective is to provide financial support for the rehabilitation of business infrastructures and the replacement of machinery, equipment, and stock for micro and small business enterprises devastated during the June and July 2021 civil unrest.

As of January 31, 2024, the fund had approved 553 applications totaling E267 581 096.73, with E236 122 555.66 already disbursed to applicants. Despite the significant financial aid provided, the Ministry of Finance reported several challenges, including the difficulty in ensuring compliance and accountability among recipients. Issues such as applicants’ failure to respond, indecision, and the reluctance of suppliers to accept guarantees without upfront payment, have paved the way for fraudulent activities. Moreover, the refusal of suppliers to honor old quotations has necessitated new quotations at the payment stage, further complicating the fund’s operations.

In response to these fraudulent activities, suspicious files were handed over to REPS for thorough investigation. The Fraud Unit within REPS has played a crucial role in this process, leading to charges and court appearances for some suspects, who are currently out on bail. The Ministry of Finance and REPS are working closely to address these issues, ensuring that the Reconstruction Fund fulfills its purpose of aiding those genuinely affected by the civil unrest, rather than becoming a vehicle for fraudulent gain.

This situation underscores the challenges of administering large-scale financial aid programs and the importance of rigorous oversight and accountability measures. As the investigations continue, the outcome will not only impact the accused individuals but also shape future policies and procedures for managing and distributing aid funds in Eswatini, ensuring that assistance reaches those truly in need and contributes to the nation’s recovery and development.

 

What is so special about spending R160million renovating King Mswati’s Palaces amid shortage of drugs in hospitals?

Opinion by Zweli Martin Dlamini, Swaziland News, 3 March, 2024

SOURCE 

It is surprising that, at the time when emaSwati are struggling with no drugs in hospitals and a collapsing education system, King Mswati and his Finance Minister Neal Rijikernberg opted to steal R160million claiming to be renovating Palaces and/or State houses. 

The budget suggests that around eight hundred thousand Rands (R800,000.00) was allocated for rural water or boreholes and to the best of my knowledge, with each borehole costing one hundred thousand Rands(R100,000.00), this means only eight (8) borehole might be introduced across the entire country.

Mswati is pocketing R160million to renovate his Palaces and the 1.2million emaSwati will share boreholes worth R800,000.00, what nonsense is this?.

What service is Mswati providing to the citizens of this country to deserve such a huge amount of money, while emaSwati are struggling with no drugs and access to clean water?.

The State owned Eswatini Observer described the recent Budget delivered by Finance Minister Neal Rijikernberg as the people’s budget, that was King Mswati’s budget and his Members of Parliament (MPs) will approve it because as convicted MP Bacede Mabuza articulated in court, there’s no Parliament in country where the word from one man is final.

Mswati remain a political parasite that public resources, there’s nothing like renovation of Palaces or State houses.

Every year the King is cashing this money saying he will renovate his Palaces, this is a legitimated ‘fraud’ by a person whose extravagancy and absolute addiction to a lavish lifestyle, has undermined the State’s capability to deliver basic services to the people.

But even if the Palaces are renovated, the question is; why are taxpayers forced to renovate another man’s homes while emaSwati are struggling with no drugs in hospitals?

Clearly, there’s no political will to solve the social challenges affecting this country.

But then time will tell, this regime must continue to keep emaSwati hungry, poor and frustrated.

One day even the security officers who are sustaining the Tinkhundla in democratic system with guns will have no alternative but take part in the process of removing this cruel and oppressive regime.

See also

R160million to renovate King Mswati’s Palaces.

https://swazilandnews.co.za/fundza.php?nguyiphi=6136

 

Untouchable, powerful people involved in corruption – AG

by Sibusiso Dlamini, eSwatini Observer, 3 March 2024

SOURCE 

Auditor General (AG) Timothy Matsebula has alleged that his life remains at risk, as he is yet to receive the essential security he so requires as he faces the people he reprimands for corrupt practices against government on a daily basis.  

In a week that has seen him dominate headlines for exposing a maze of irregular practices draining billions of Emalangeni from taxpayers, he has revealed to the nation that he is facing a daunting challenge in combatting widespread corruption in the country.

Matsebula bemoans the pervasive grip of influential and untouchable figures armed with substantial financial resources, which he says make it an uphill battle to reprimand those found with their hands in the cookie jar and instigate meaningful change.

The AG said he felt it was important that the nation knows that he grapples with formidable challenges in executing his duties, emphasising that the prevalence of influential figures complicates the process of exposing and holding wrongdoers accountable.

“There are way too many corrupt and powerful people in our country,” he said, disclosing the intricacies of his struggles in combating corruption.

He underscored the nexus between wealth and corruption, disclosing an alarming occurrence from the past year when he was given the green light by Cabinet to initiate forensic investigations, only to then be ‘disturbed’.

To read more of this report, click here

http://new.observer.org.sz/details.php?id=22126

 

ICC stolen material has completed a house - MP

By Nonduduzo Kunene and Sabelo Majola, Times of eSwatini, 5 March 2024

SOURCE 

MBABANE: Lobamba MP Michael Masilela stunned legislators when he alleged that theft at the ICC and FISH construction site was so rampant that a house had been completed using the stolen material.

Masilela said he could even take the Members of Parliament (MPs) to the house in question, if they needed proof on what he was submitting about. He shared that the house was boasting costly material, like water taps, which cost no less than E25 000 and these were the same taps that had allegedly been procured for the ICC and FISH project. Masilela submitted that one of the biggest setbacks at the International Convention Centre (ICC) and Five Star Hotel (FISH) was theft and this anomaly was contributing immensely to the delay in completing the project. The MP said this during the debate of the Ministry of Finance’s annual performance report for the financial year 2023/24 in Parliament yesterday.

Masilela’s argument was that emaSwati had adopted a culture of stealing and made it a normal way of life. He said some employees at the site were complaining that the project would take forever to complete, because people were helping themselves to the building material. Masilela mentioned to the MPs that, given the setting of the project, which is within the Lobamba Constituency, he was aware of the anomalies that were ongoing at the construction site and he challenged the Minister of Finance, Neal Rijkenberg, to do something about it.

“It is such a pity that when one raises these issues, the concerns are interpreted out of context and it appears as though you are attacking the country’s authority. My biggest concern is that we are stealing too much and the country will not achieve much until the issue of corruption is dealt with head-on,” he said.

According to the Ministry of Economic Planning and Development report, the ICC’s actual expenditure for the current financial year was E175 116 785 and the revised practical completion date was now December 2024. One of the challenges in this project, as highlighted in the report, include that the process of having the EXIM Bank money being disbursed was delaying, much against the expectation of the ministry. “The current budget allocation under local resources has been exhausted; any claim for work done cannot be paid under the prevailing situation,” reads the report.

Masilela also submitted that another sad part was that when arrests were made on corruption, it was only the small fish that was made scapegoats and targeted, leaving the head-honchos scot free. This was also a concern from Speaker in the House, Jabulani ‘Buy Cash’ Mabuza, who drew the attention of the MPs to recent reports, that there were individuals ‘labangabopheki’, as revealed by the Auditor General, Timothy Matsebula. Mabuza said there was need to disclose the names of those individuals, so that legally, action could be taken against them. The Speaker said as it was, people were making their own assumptions from such statements and unfortunately everyone was put in the same basket, because people did not know who these people were. “Why make such statements if the people referred to will not be disclosed. We need to know who these people are and if they have indeed committed acts of crime, they should face the law,” Mabuza said. Nhlambeni MP Manzi Zwane was concerned about the security of the AG, submitting that it was seemingly not a priority to government. He also raised a concern that the Office of the AG was not only deprived of independence, but was understaffed and as such, he could only do an audit in only nine schools out of over 200 across the country.

See also

There is rampant looting at ICC – MP

http://new.observer.org.sz/details.php?id=22136

 

Roman Catholic church grabs schools from community

Swaziland Democratic News, 5 March 2024.

SOURCE

Ezulwini: There is an outcry by residents of Ezulwini community and surrounding communities after the Roman Catholic Church came up with a new and uncompromising position of grabbing ownership of the Ezulwini Community Primary and High Schools.

For many years now, these schools have been led by local parents as they footed the bill of building the schools from scratch to finish and today, Roman priests are taking control and performing rituals on students at the school as they please.

It is said that recently the Roman Catholic Church hosted a mass service at the schools and also inscribed a cross on the foreheads of the school kids without first appraising the parents about these maneuvers.

One parent who sought to remain anonymous complained that since the arrival of a new head teacher at the primary school, their kids are not allowed to sing other gospel songs but only those in the Catholic hymn book like they are a Roman Catholic school and evidently, last week, a Catholic priest came to conduct mass at the school.

“What is annoying is that all these years we were building the school from our pockets without help from the church and it is very unimaginable that they are taking over. For a first we saw a grantee being introduced to be the chairman of the schools. All these years we have been electing committees of our choice but now, the school board has to be of Roman Catholic believers.”

It is reported that the school will soon be called Saint Peter School.

 

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Wednesday, 7 March 2018

SWAZI BUDGET A TALE OF WOES

Swaziland’s economy is in disarray and the kingdom continues to fail to raise enough money to pay for its spending, the national budget reveals.

All government job recruiting will be frozen, Value Added Tax will go up by 1 percent to 15 percent and there is a plan to try to impose VAT on electricity tariffs for the first time.

Pensions for people aged 60 and over will be frozen, but E5.5 million is earmarked to buy the Prime Minister Barnabas Dlamini a retirement home. E1.5 billion will be spent on a conference centre and five-star hotel to house an African Union summit.

Local pension and insurance companies are to be compelled to invest at least 50 percent of their funds within Swaziland.

Swaziland received a B2 negative credit rating from international agency Moody’s.

Swazi Finance Minister Martin Dlamini delivered a catalogue of woes during his budget speech on 1 March 2018. He said he took his lead when constructing the budget from King Mswati III who rules Swaziland as sub-Saharan Africa’s last absolute monarch. Dlamini was not elected to parliament and along with the Prime Minister, Cabinet ministers and top public servants was appointed by the King.

In his speech opening Parliament in February 2018 Dlamini said the King commanded his government, ‘to prepare a budget that is based on available resources’. Dlamini said, ‘Government has conducted a thorough analysis of our expenditure in order to prioritise only the most pressing concerns.’

He told Parliament, ‘The public sector has grown at a much faster pace over the years creating significant dependency in the economy and compromising growth and employment creation. This has led to the large size of government, increased the wage bill significantly, and limited the space for social and infrastructure spending.’

He added, ‘Government spending continues to outpace its ability to raise enough revenues resulting in cash flow challenges and accumulation of arrears.’

He said the Government owed E3.1 billion to its suppliers for goods and services and it was trying to find ways to find money to repay these debts.

Dlamini added, ‘In recent years, Government has not been able to raise enough revenues to cover the ever increasing expenditures, which is a clear indication that the current Government model cannot be sustained in the medium-term.’ He announced a freeze on all government recruiting.

He reported the economy in Swaziland was projected to have grown by 1.9 percent in 2017 from 1.4 percent in 2016. Crop production which had been hit by drought grew by 17.2 percent in 2017, but livestock production was ‘significantly reduced due to the drought’.

He said, ‘There has been a decline in the construction sector as implementation of various construction projects slowed largely due to the current fiscal challenges’

Economic performance in 2018 was anticipated to grow by 1.3 percent.

Inflation continues to grow. In 2016 consumer prices grew by 7.8 percent. They increased a further 6.2 percent in 2017.

The cost of food for a kingdom where seven in ten of the estimated 1.1 million population have incomes of less than the equivalent of US$2 per day rose 19 percent in 2016 and a further 2.6 percent in 2017. The slowdown in price increases was put down to improved weather conditions for agricultural production after the drought. 

Transport costs rose 9.6 percent in 2016 and a further 3.9 percent in 2017. Communication costs (mainly phones) rose 4.7 percent in 2016 and by a further 0.4 percent in 2017.

The Finance Minister reported that Swaziland’s ‘current account’ had a surplus of E8.6 billion in 2017, but this was down from E9.5 billion in 2016. Export earnings fell by 1.3 percent in 2017 to E24.1 billion. Foreign Direct Investment declined over the year.

He announced that the government would compel local pension fund and insurance institutions to invest 50 percent of their holdings within Swaziland. At present that figure is 30 percent. He said government would also reduce the amount of retirement funds and insurance assets that can be held as cash, ‘in order to encourage retirement funds and insurance companies to invest in the domestic economy’. 

Swaziland’s official currency reserves fell by 7.8 percent in 2017 to E7.6 billion. ‘This development was mainly due to inadequate Government revenue to cover public expenses,’ Finance Minister Dlamini said.

Swaziland has been given a B2 rating (on a scale from A – C) with a ‘negative outlook’ by international credit rating agency Moody’s, he said. The poor rating is ‘due to the financial and economic pressures we continue to face’, he added.

The year ahead in Swaziland is bleak. In line with the King’s command, Dlamini said, government would spend only on the ‘most critical’ items. He said, ‘In managing the financing, the gap, Government aims to do the following: a. Monitoring and controlling all commitments including those of Ministries that had been previously ring-fenced to avoid unnecessary and wasteful expenditure with the aim to prioritise critical expenditure; b. Prioritising payment arrears and aligning them to cash available. c. Continue exploring the possibility for other sources of funding including but not limited to utilising excess balances on Government special accounts.’

The kingdom is in debt. He said, ‘As of December 2017, total debt stock stood at E11.51 billion, which is an equivalent of 19.29 per cent of GDP. Of this stock, external debt is at E4.35 billion, whilst domestic is E7.15 billion.’

Government has taken out loan agreements with among others; EXIM Bank – China, the Kuwait Fund for Development, the Saudi Fund for Development, the Arab Bank for Economic Development (BADEA), the OPEC Fund for International Development (OFID). The loan agreements are for the following approved projects; National Referral Hospital, Five Star Hotel, LUSIP II, Lukhula-Big Bend Road and Lukhula-Siteki Road. 

He said, ‘The livelihood of our people continues to be Government’s priority, with the agriculture sector playing such a large role in the economy’. He allocated E1.4 billion to the Department of Agriculture which is less than the E1.5 billion to be spent on a convention centre and hotel at Ezulwini.  

He said the total expenditure for financial year 2018/19 was estimated at E21.6 billion, a reduction of 1 percent on the previous year. He added, ‘I am pleased to announce that Government has been able to deliver on His Majesty’s directive from the Throne regarding a realistic budget. Government has conducted a thorough analysis of our expenditure in order to prioritise only the most pressing concerns.’

As is customary, he did not announce how much of the annual budget would go to King Mswati for his upkeep and that of his Royal Family. The King has at least 13 palaces, fleets of top-of-the range BMW and Mercedes cars and at least one Rolls Royce. He has a private jet airplane and is due to take delivery of another during 2018.

The 2017 budget increased spending on the Swaziland Royal Household by E200 million to E1.3 billion.

See also

MPS SEND BUDGET BACK FOR REVIEW
HOSTILE REACTION TO VAT INCREASE
BUILDING HOTEL A BUDGET PRIORITY
CABINET DEFIES KING OVER BUDGET
SWAZI BUDGET GIVES PM NEW HOUSE
http://swazimedia.blogspot.co.uk/2018/03/swazi-budget-gives-pm-new-house.html

UNPAID BILLS SO GOVT LIGHTS CUT OFF

Law courts, police stations, libraries, media houses, border posts among others in Swaziland were disconnected of electricity because the government has not paid its bills.

It is estimated that it owes the Swaziland Electricity Company (SEC) about E15m (US$1.2m). In total the Swazi Government owes its suppliers more than E3bn.

The Times of Swaziland, the only independent daily newspaper in the kingdom ruled by King Mswati III, sub-Saharan Africa’s last absolute monarch, reported on Monday (5 March 2018), ‘Information gathered is that the places which were affected by the disconnection included the High Court, most magistrates courts, Swaziland National Libraries, Royal Swaziland Police (RSP), Ministry of Natural Resources, Swaziland Broadcasting and Information Services (SBIS), two border posts and the Swaziland Civil Aviation Authority (SWACAA) among others. On Wednesday, power was disconnected in most of the mentioned places, however, by Thursday afternoon, it had been restored.’

The government has still not paid its bills but is negotiating payment terms, the newspaper reported.

Finance Minister Martin Dlamini in his budget speech on Thursday (1 March 2018), said, ‘Government arrears as on February 1st, 2018 stood at E3.1bn.’ He added ‘Government, however, acknowledges the accumulation of arrears to suppliers and has prioritised the management of these.’

Services across Swaziland have been grinding to a halt because suppliers have not been paid. School have run short of food for children who rely on it to avoid malnutrition; health centres and hospitals have run out of medicines and vaccines.

Meanwhile, the budget includes provisions for a E1.5bn convention centre and hotel and E5.5m for a retirement house for the Prime Minister Barnabas Dlamini. 

See also

CHILDREN ‘SHOULD PREPARE FOR STARVATION’
HEALTH CRISIS: BLOOD SUPPLIES DRY UP
MEDICINE SHORTAGE: FIVE DIE
DRUG SHORTAGE CRISIS DEEPENS
http://swazimedia.blogspot.com/2017/05/swazi-drug-shortage-crisis-deepens.html

Monday, 5 March 2018

BUILDING HOTEL A BUDGET PRIORITY

The Swaziland Government is to spend E1.5bn (US$125m) this year building a conference centre and five-star hotel to host the African Union summit in 2020 that will last eight days.

This is more than the sum allocated to the Ministry of Agriculture (E1.4bn) or the Ministry of Defence (E1.15bn). It is the biggest single capital project in Swaziland’s budget this year. Total capital spending is set at E5.6bn.

It comes as the Finance Minister Martin Dlamini announced Value Added Tax (VAT) would be increased by 1 percent to 15 percent and a review would be made of the VAT Act to allow taxation of electricity for the first time. Commentators within Swaziland say this will have a huge effect on the poor. Seven in ten of the estimated 1.1 million population have incomes less than the equivalent of US$2 per day.

The hotel and conference centre is another project supported by King Mswati III, who rules Swaziland as sub-Saharan Africa’s last absolute monarch. He believes such buildings add to the prestige of his kingdom and will make it a First World nation by 2022. He already has an airport named in his honour that cost an estimated E2.5bn to build but only has one airline using it. King Mswati III International Airport has been described as a ‘white elephant’ and a ‘vanity project’ for the King.

Dlamini in his budget speech on Thursday (1 March 2018) said the government would only spend on ‘the most critical expenditure items’ this year. He acknowledged, ‘Government sending continues to outpace its ability to raise enough revenues resulting in cash flow challenges and accumulation of arrears.’

The hotel and convention centre – popularly known as ICCFISH -  is under construction at Ezulwini. In 2013 when the plan for the development was announced the cost was estimated at E1bn. Completion of the work was expected by 2016.

In September 2017 it was reported that King Mswati had visited Las Vegas in the United States to try to get the Caesars Palace company (famous for its hotel and casino) to manage the ICCFISH.

‘The King’s Office Correspondent’, writing at the time in the Swazi Observer, a newspaper in effect owned by the King, reported Caesars Palace management had promised to submit a proposal on what it would cost to manage the ICC and hotel. 

In 2013, when the plan for building was announced the Swazi Observer reported, ‘The scope of the project include a facility of international standards with a Swazi theme, a facility to handle up to 4,500 delegates at a time, trade centre for high value exhibition, a secure chamber room to take 53 heads of state, 3,500 seat banqueting hall, restaurants, 1,500 seat theatre, and special holding rooms.’ 

The African Union summit is held twice a year in January and June but by tradition the first meeting is held in Addis Ababa, Ethiopia. 

In 2016, King Mswati took about E40m of public funds to host a lavish Southern African Development Community (SADC) Heads of State summit at a time when his government was so poor it could release only E22 million of the E305 million earmarked for drought relief in that year’s national budget. 

See also

KING’S DEAL WITH $18bn BANKRUPT
KING TO PARTY WHILE SWAZIS GO HUNGRY
https://swazimedia.blogspot.co.uk/2016/08/king-to-party-while-swazis-go-hungry.html