Category Archives: Swaziland News

Swaziland News

IMF Staff Completes 2017 Article IV Visit to Swaziland

  • The IMF estimates 2016 growth to stagnate, with a muted recovery envisaged in 2017, as the weaker fiscal position weighs heavily on the outlook.
  • Significant fiscal adjustment is needed to ensure macroeconomic stability and debt sustainability.
  • Structural reforms to address the lack of skilled workers, simplify business regulations, and strengthen the institutional environment have the potential to boost investment and employment.

An International Monetary Fund (IMF) staff team led by Mr. Geremia Palomba visited Mbabane from June 7-19, 2017, to conduct the 2017 Article IV Consultation discussions with Swaziland. read more

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Six African Countries Granted Duty-Free Access to EU Markets

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Africa trade sector has received good news – especially for manufacturers and traders in South Africa, Namibia, Mozambique, Botswana, Swaziland and Lesotho. On 14th September, 2016, the European Parliament The approved an agreement which grants access for the EU countries to receive products from the above listed countries on a duty-free basis. What this means is that, Namibia, Mozambique, Botswana, Swaziland and Lesotho have been offered duty-free access to EU markets while South Africa is also listed to have an improved market access. read more

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Posted in African News, Botswana News, Lesotho News, Mozambique News, Namibia News, Swaziland News | Leave a comment

Small Middle-Income Countries in Sub-Saharan Africa—Raising the Bar

The Governor of the Bank of Botswana, Ms. Linah Mohohlo, and the Deputy Managing Director of the International Monetary Fund, Mr. Min Zhu, hosted today in Gaborone, Botswana, a regional conference entitled “Small Middle-Income Countries in Sub-Saharan Africa—Raising the Bar” [1]. Delegates included senior officials from a number of countries representatives of the private sector, academia, the Executive Board of the IMF and IMF staff. At the end of the conference, the following statement was issued: read more

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Posted in African News, Botswana News, Cape Verde News, Lesotho News, Mauritius News, Namibia News, Seychelles News, Swaziland News | Leave a comment

Growing concern about El Nino’s impact on Southern Africa as planting window closes

The United Nations World Food Programme (WFP) is increasingly concerned about food security in southern Africa where an estimated 14 million people are facing hunger following prolonged dry spells that led to a poor harvest last year.The El Niño global weather event, which is leading to even worse drought across the region, is already affecting this year’s crop. With little or no rain falling in many areas and the window for the planting of cereals closing fast or already closed in some countries, the outlook is alarming. 

The number of people without enough food could rise significantly over coming months as the region moves deeper into the so-called lean season, the period before the April harvest when food and cash stocks become increasingly depleted. Particularly vulnerable are smallholder farmers who account for most agricultural production. read more

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IMF Executive Board Concludes 2015 Article IV Consultation with Swaziland

On December 9, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Swaziland. read more

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La corruption gagne du terrain et les gouvernements sont impuissants à enrayer le phénomène, d’après le sondage d’opinion mené en Afrique

Transparency International estime que 75 millions d’Africains ont versé un pot-de-vin au cours de l’année dernière read more

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Southern Africa Officials Share Experience of Natural Resource Wealth Management

The IMF’s Africa Regional Technical Assistance Center South (AFRITAC South), in collaboration with the Africa Training Institute, held a seminar on “Strengthening Fiscal Frameworks and Public Financial Management Systems for Managing Natural Resource Wealth” on September 21–25, 2015 in Mauritius. read more

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IMF Staff Completes 2015 Article IV Mission to Swaziland

An International Monetary Fund (IMF) team led by Jiro Honda visited the Kingdom of Swaziland during September 17‒30, 2015 to conduct the 2015 Article IV consultation with Swaziland. read more

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World crop prospects positive in 2015; but food insecurity hotspots pose concern

Global Food Price Index falls in June, cereal production is forecast to be strong despite El Niño fears read more

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