MBABANE:Dumisani Masilela,the former Commissioner General of the Eswatini Revenue Service(ERS) has been appointed as the new Executive Secretary of the South African Customs Union(SACU).
The appointment was announced by eSwatini Finance Minister Neal Rijikernberg on Friday afternoon and the Minister stated that, SACU countries approved Masilela as a qualifying candidate.
On another note, Masilela has been working for the International Monetary Fund(IMF), he will now resume his duties as the new SACU Executive Secretary.
The Southern African Customs Union is the world's oldest customs union consisting of Botswana, Lesotho, Namibia, South Africa, and eSwatini.
It functions as a customs union by having a common external tariff on imported goods and a common customs territory, meaning trade among members is duty-free.
SACU shares customs revenues and coordinates policies to enhance economic cooperation and competitiveness among its members.
Newly appointed SACU Executive Secretary Dumisani Masilela(Internet pic).