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Poverty in Swaziland: 8 out of 10 Elderly People Are Suffering

Poverty in Swaziland: 8 out of 10 Elderly People Are Suffering

There are reports that over 80% of women between the ages of 60 and above as well as 70% men are living in poverty in Swaziland. This coincidentally started at a time when the government of Swaziland is having financial issues. The government is out of cash and therefore, is unable to pay pensions it […]

R4 Billion Oceans Mall Constructed in Umhlanga

R4 Billion Oceans Mall Constructed in Umhlanga

Development is in progress on the R4 billion mixed-use Oceans mall construction in Umhlanga. The construction composes a world-class shopping mall with more than a hundred stores, permanent residence, with a new Radisson Blu hotel. Two of Africa’s largest state of the art retailers anchor the mall. The mall will also offer some specialty stores […]

Nacala Logistic Corridor (NLC) to cost $2.73 billion

Nacala Logistic Corridor (NLC) to cost $2.73 billion

A mega project which will link Mozambique’s Nacala port to Moatize coal mine has received financial support majorly from Vale and Mitsui companies. Vale, a Brazilian mining company in partnership with Mitsui, Japanese company signed an agreement to finance NCL project with $2.73 billion. The consortium of financial institutions including Standard Chartered Bank, Sumitomo Mitsui […]