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LIMPOPO FORGES REGIONAL ECONOMIC TIES

6 May 2008

In line with Limpopo’s strategic objective, as enshrined in the Provincial Growth and Development Strategy (PGDS), Trade and Investment Limpopo (TIL) will host a business delegation from the Kingdom of Swaziland from today, 6 May 2008, to Saturday, 10 May 2008. The delegation led by TIL’s counterpart, the Swaziland Investment Promotion Authority (SIPA), will include a number of prominent business leaders who will explore investment opportunities with their counterpart in Limpopo.

Also to be included in the delegation will be Honourable Collins Chabane, MEC for Limpopo’s Economic Development, Environment and Tourism, and his Swaziland’s counterpart, His Excellency Mr Lutfo Dlamini, Minister for Enterprises and Employment in Swaziland. The two political principals will witness the signing ceremony between TIL and SIPA.

“On the other hand, the attendance of South Africa’s High Commissioner to the Kingdom, His Excellency Dr Mxolisi Mabude, will give a national context to this interaction between Limpopo and Swaziland, said Mr Julius Mapatha, the Chief Executive (Acting) of TIL, who will be leading the Limpopo delegation. He will be supported by Ms Jackee Shimbambu, HOD for Limpopo’s Economic Development, Environment and Tourism.

The highlight of the visit will be the signing of the Memorandum of Understanding (MoU) between the province and the Kingdom of Swaziland. “We are proud to say that Limpopo is the first province to formalise their interaction with the Kingdom hardly a month after President Thabo Mbeki and His Majesties Mswati III and the Ndlovukazi reaffirmed their commitment to fast-tracking the operationalisation of the Joint Bilateral Co-operation Commission which was signed by the two countries in December 2004 in Swaziland,” says Mr Mapatha. “We are provincialising this national cooperation pact.”

President Thabo Mbeki led a delegation to the Kingdom of Swaziland on 23-24 April 2008 at the invitation of His Majesty King Mswati III. The President and his delegation met and held discussions with their counterparts during their meeting at the Lozitha Royal Palace. The meeting was co-chaired by both President Mbeki and His Majesty King Mswati III.

The presidential mission reviewed all aspects of relations between the two neighbouring countries and underlined the need to further develop and deepen bilateral, political, trade and economic spheres. The two leaders further shared information and perspective on regional, multilateral and matters of mutual interest.

“We’re using this space as created by both President Mbeki and King Mswati III,” said Mr Mpatha, “to advance our socio-economic interests. We are expanding and deepening such bilateral relations between our two countries.”

Tomorrow on Wednesday, 7 May 2008, Cllr. Thabo Makunyane, the Executive Mayor of the City of Polokwane, will formally welcome the delegates at a Business Seminar to be held at Bolivia Lodge in which business people from Limpopo and Swaziland will explore trade and investment opportunities in both areas. Mr Mapatha will make a presentation on bounds of investment possibilities that Limpopo has, and his counterpart, Mr Phiwayinkosi Ginindza – CEO for Swaziland Investment Promotion Authority) – will present on Swaziland. Members of organized business such as AHI, FABCOS, NAFCOC and SACOB have been invited to participate in the seminar.

Business leaders, who seek more information regarding this visit, should call Ms Vicky Selemela of Trade and Investment Limpopo, at 015 295 5171.

Issued by: Saul Molobi
General Manager: Marketing & Communications Trade and Investment Limpopo
Tel: 015 295 5171
Mobile: 083 701 3949
e-mail: saul@til.co.za  

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