Swaziland Archives - AfricaBusiness.com

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 ...

Market penetration to reach 60% among Africa's one billion people in 2012 Mobile phones represent more than 90% of all telephone lines in Africa. Market penetration passed the 50% mark in 2010 and is expected to reach 60% in 2012. Subscriber growth across the continent has slowed to around 17% p.a, but several individual markets are still growing at 50% p.a. or more and others stand at only single-digit penetration rates. The continent's most advanced markets have passed the 100% penetration mark. Although the greatest demand is in the major cities, cellular solutions are also being employed to increase accessibility in rural and other disadvantaged areas. In addition to mobile networks, Wireless Local Loop (WLL) systems have been introduced in a large number of countries for the provision...

Tag: Swaziland

Eswatini gears up to become a private sector-led economy