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Sunday, 22 Jan 2006
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Swazi Prince's company in race for iron ore mine
Sunday, 22 Jan 2006

Last week, The Swazi Observer carried a story where Canham Mining International resident directors cried foul that there were senior people, both by their birth right and status, who were hijacking their intended investment to plough several billions of Emalangeni into the Iron Ore and Thermal Power generation projects at Ngwenya.

Both the Enterprise and Employment Minister Mr Lutfo Dlamini and Swaziland Investment Promotion Authority GM Mr Bheki Dlamini condemned the alleged plot. Prince Guduza is outraged that his company could be linked to such unethical conduct and described comments of stealing and hijacking to be criminal.

The Prince confirmed that his company is a contender for the project, as they have, through following legal requirements, submitted their application for a lease and mining license at the defunct mine. "There is a lot that one can say on this issue, but for now I would advise that you contact the relevant bodies dealing with mining issues. I am surprised at these allegations and the comments have been unfortunate in that they suggest that a Prince is barred from bidding for such projects. He said.

He said at this stage, their tender and that of Canham were still under consideration.

 

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