MANZINI:Masotja Vilakati, the Chief Executive Officer(CEO) of the Public Service Pension Fund(PSPF) told King Mswati on Saturday that, “the Fund is actively involved in investment projects and this include the Lower Maguduza Hydro-Electric Power”.
This was during the ongoing Eswatini International Trade Fair(EITF), the King toured the PSPF Stand and received a briefing about the Fund’s investment projects.
“We have completed the SASCO Building Your Majesty and in October, we will be having tenants. We were assisted by the Prime Minister to embark on a new agricultural project and, we are also working very well with Tambankhulu Estate. Another project is the Lower Maguduza Hydro-Electric Power Your Majesty, we are working with Old Mutual and hopefully, within a year or one and half years, we will be done and electricity generation will commence,” said the Pension Fund CEO.
Public Service Minister Mabulala Maseko, Prime Minister Russell Mmiso Dlamini, former South African President Jacob Zuma was also present when PSPF CEO briefed the King.
“We are nearly completing the multibillion Hydro-electric Power Station”, Public Service Pension Fund Masotja Vilakati tells King during Trade Fair tour(pic:PSPF).