Economy

Source In a recent briefing on September 23rd, the South African Transport Minister, Fikile Mbalula, highlighted the N2 National Wild Coast road network as a cornerstone of national development. The government has officially recognized it as one of its most valuable projects, poised to be a catalyst for trade and commerce not only locally but extending its impact to Swaziland. Gateway to the East:...

In the current era of technology, we are surrounded by many devices that play an important role in our life. In Swaziland we are dependent on computers in many ways, and their maintenance should be at our utmost priority; well-maintained computers look good last longer, and perform reliably. Both internal and external conditions of your PC affect its life. Nobody wants a computer with a fast-draining...

In this advanced world with intelligent technology around you, your data is not safe until you know all the hecks that can be used to deceive you and how to secure your data and your PC from alterations and cybercrime. In Swaziland most people are aware of the basic safety rules applied for the security of their PCs, such as having antivirus software installed and updates or establishing a strong password...

  In Swaziland computers are an essential technology used in many forms by everyone in this era. But most computers are mistreated and not maintained until they stop performing. Cleaning laptops or desktops is an alien term for many, as in this busy routine, people do not have time to clean these gadgets; they use them daily but never realize that cleaning these devices increases their performance...

To boost the economy devastated by the ongoing coronavirus pandemic and subsequent lockdowns, the southern African Kingdom of Eswatini has devised a 30 billion emalangeni ($1.73 billion) plan entitled the “Marshall Plan”. The latter intends to gather investments in 97 projects situated in seven industries, from agriculture to textiles, which will help create over 39,000 job opportunities. The...

Real estate sector in Africa has been experimenting an impressive growth. On average, 10,000 accommodations miss each year in most of these countries, and despite some governmental endeavors, the shortfall is still important. According to several studies, African population is going to increase over threefold during the next 40 years. This demographic growth will inevitably go with a strong development...

Swaziland experimented a growth rate of 0,3% in 2017 and is going to face serious challenges in the futur with an estimated growth of 1,3% in 2018 and 2% in 2019. Other key indicators of the economy for 2017: 34 billions of GDP; Gross national saving equal to 11.1% of GDP; Inflation rate equal to 7%; 5% of GDP comes from taxes; Active population: 427.000 persons; 28% of...

The national budget’s revelation of the Swaziland economy being unable to cover for its spending has risen some other factors. For instance, freezing of government job recruitment, a 1% increase on Value Added Tax, freezing of 60+ aged people’s pension and even compelling local pension and insurance companies to invest more than 50% of their holdings within the country. The pressure on the economy...

Moody Investor Solutions ranked Swaziland with a B2 negative credit profile in its latest annual report. The negative credit portrays Swaziland’s low strengths in economic and institutional capacity sectors. However, a relatively strong affordability of external debts and low debts margins balance to the two lows. According to Moody’s Vice President and Senior Analyst, Zuzana Brixiova Swaziland has...

The Ministry of Economic Planning and Development in Swaziland has reported an increase in the country’s Gross Domestic Product projections, the magnitude of this growth is 2.9% as of January 2018; this figure is higher than what was reported in August the previous year which revealed an estimated 1.0% GDP forecast. The three year outlook (2018-2020) is positive in that the agricultural sector is...