Swaziland ‘To Build $3bn Shipping Port’
The Government of Swaziland, an impoverished African nation with no coastline, has backed a plan to build a shipping port which will cost an estimated US$3 billion.
The scheme follows the completion of an ‘international’ airport, built in a wilderness that cost an estimated US$250 million to construct. Fewer than 150 passengers fly out of the King Mswati III Airport at Sikhuphe on any given day.
RELIABLE GENERAL DEALERS WINS CASE AGAINST SRA
The High Court has reviewed, corrected and set aside the Swaziland Revenue Authority’s (SRA) decision to seize 81 bales of blankets belonging to Reliable General Dealers for alleged false declaration.
The court further set aside SRA’s decision to impose penalties against Reliable General Dealers. SRA was demanding a payment of E277 174.64 from Tsembeka Bobhuti Investment (Pty) Limited trading at Reliable General Dealers.
According to the authority, the money was in respect of duties, tax dues as well as an imposed penalty for alleged false declaration in relation to irregular imported blankets.
Times of Swaziland