King Mswati III to visit Sacu headquarters this week
08 May 2017 11:40am
WINDHOEK, 08 MAY (NAMPA) - King Mswati III of Swaziland will visit the Southern Africa Customs Union (Sacu) Secretariat headquarters in Windhoek this week as Sacu chairperson.
A media statement availed to the media last week said King Mswati is expected in Namibia on Thursday for general discussions on topics such as Sacus business operations. He will also interact with employees.
King Mswati III succeeded King Sobhuza II when the king died on 21 August 1982.
He was then crowned as the king of Swaziland on 25 April 1986 at the age of 18, becoming the youngest ruling monarch at the time.
Sacu, one of the oldest customs unions in the world, is 105 years old and consists of five members - Botswana, Lesotho, Namibia, South Africa and Swaziland.
It serves as an engine for regional integration and development, industrial and economic diversification, expansion of intra-regional trade and investment including global competitiveness.
The union also focuses on building economic policy coherence, harmonising and convergence to meet the developmental needs of the region, as well as promote sustainable development for employment creation and poverty reduction.