KING TOURS E200M MAGOMBA COAL MINE: OVER 2 800 JOBS COMING

MPAKA – His Majesty King Mswati III has hailed the Magomba Coal Mine as a ground-breaking project for Eswatini, expressing pride in its progress and its potential to create over 2 800 direct and indirect jobs.

During a tour of the E200 million coal mine, located at Mpaka under Dvokodvweni Inkhundla, the King shared his optimism, describing the mine as a monumental achievement for the nation. One of the highlights of the project, as the King pointed out, is that it is fully owned by emaSwati— a major shift from past ventures that were often awarded to foreign investors. The mine is managed by three directors: Wandile Hlatshwayo, James Mathebula and Brian Figuerado.

In his speech, the King recalled the closure of the Mpaka coal mine, which had previously employed many in the area.  “Some time back, there was a coal mine here in Mpaka, but it was shut down, leaving many unemployed. Today, we stand here to witness this new project, and we remain hopeful that this mine will soon be fully operational,” he remarked.

Support

The King praised Prince Lindani, who is overseeing the mine’s operations, and urged financial institutions to support the venture. “This is a capital project that needs backing. It is fully run by emaSwati, and they need financial institutions to support them, as the country has given emaSwati the platform to shine in large-scale projects,” he encouraged.

The King emphasised that the mine’s success would send a strong message to the world about the capabilities of emaSwati. The mine is set to generate significant economic turnover in multiple phases. In the initial phase, more than 400 jobs will be created, offering relief to families in the region.

He also underscored the critical role of advanced technology in extracting anthracite coal, a valuable and high-quality resource.  “Countries that have abundant coal reserves have developed economically. Eswatini must take the same path,” he encouraged. The King further noted that Eswatini is working on opening more mines, with ongoing assessments of their viability.  “Currently, we are evaluating several other potential mines to determine their sustainability,” he revealed.

Post your comment

Your name:

Your e-mail address:

Add your comments:

Please enter the code you see in the image:

Image:

Code: