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GOVT TENDERS GALORE FOR ENTREPRENEURS

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MBABANE – The race is on. The Central government stores has invited suppliers who were prequalified and shortlisted in 2015/16 for 2017/18 (current tenders) have been invited to submit new validated prices for each category they were prequalified for.


The tenders which will be competed for include, but not limited to, cleaning materials and chemicals, protective clothing and uniforms, office stationery, computer consumables and accessories, curtains, blinds, liquefied petroleum gas and pre-printed stationery.
Government has precisely stated that the price schedule must be submitted in soft and hard copies.


Clearance


It has been mentioned that companies that will make the cut should be accompanied by a valid trading licence, tax clearance, valid Swaziland National Provident Fund (SNPF), labour compliance certificate and police clearance for company directors.
These documents must have been submitted to verify compliance by February 26, 2018.


Against this backdrop, it should be mentioned that domestic debt stood at E7.3 billion at the end of December 2017, an equivalent of 12.4 per cent of Growth Domestic Product (GDP).


The Central Bank of Swaziland (CBS) said this indicated an increase of 2.8 per cent over the previous month.
The increase was reportedly mainly due to an improvement in the absorption of Treasury Bills in the month under review.
Further contributing to the increase was the issuance of an Infrastructure Bond in the review period.


Indicated


Further, it was mentioned that preliminary figures for the month ending December 2017 indicated that total public debt stood at E12.5 billion, an equivalent of 21.3 per cent of GDP.
“This reflects a decrease of 1.6 per cent from the E12.7 billion recorded in November 2017,” said CBS.   


As at end of December 2017, external debt stood at E5.2 billion, corresponding to 8.9 per cent of GDP which showed a decrease of 7.1 per cent from the E5.6 billion recorded in November 2017.

 

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