eSwatini Archives - AfricaBusiness.com

By Angelo Tzarevski, Associate Director, and Zareenah Rasool, Candidate Attorney, Competition & Antitrust Practice, Baker McKenzie Johannesburg Competition policy continues to be viewed by regulators as a key driver of economic growth globally. Across Africa, competition policy enforcement is increasingly being employed as a tool to boost economic performance and promote the revitalization of trade and industry following the devastating impact of COVID-19. The effects of the pandemic have led to negative economic growth in a number of African jurisdictions, and have given rise to opportunistic, anticompetitive behaviours such as unreasonable price increases and price gouging, coordination amongst competitors, and other unsavoury business practices that erode competition. Over the pas...

By Manqoba Khumalo, Minister of Commerce, Industry and Trade in Eswatini The Kingdom of Eswatini is gearing up to becoming a private sector-led economy committed to economic reform and determined to recover from the devastating effects of COVID-19. Before the global pandemic, the Kingdom of Eswatini was already experiencing key economic challenges characterised by sluggish growth and a budget deficit. The advent of the global pandemic further exacerbated an already fragile economic situation and added another dimension to the fiscal crisis, which demanded a differentiated and rapid approach. To save the economy and the livelihoods of the people of Eswatini, we devised a post-COVID-19 recovery plan earmarking the private sector as the new main driver of employment in the country. The logic ...

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Increasing competition policy enforcement across Africa

Eswatini gears up to become a private sector-led economy