BUSINESS ESWATINI’S STRONG CASE TO AFDB

MBABANE - Business Eswatini made a bold and strong case on behalf of the Eswatini economy to the African Development Bank (AfDB) delegation where they expressed their full confidence in the latter.

While admitting that the economy was in the doldrums, the business sector, however, stated that they were encouraged by the early baby steps being taken by the new administration to turn things around.This transpired in a discussion between the AfDB, Business Eswatini (BE), the Federation of the Swaziland Business Community (FESBC) in which the Construction Industry Council (CIC) was also in attendance. 

  
The AfDB Mission

The representatives of the AfDB met with the Eswatini private sector representative bodies (Business Eswatini and FESBC) this past Monday at the Business Eswatini Boardroom in which a number of critical issues underlying the performance of the economy of Eswatini were discussed.
The purpose of the visit by the AfDB delegation to Business Eswatini was primarily to get the views of the private sector on the performance of the economy and to exchange views on other matters of interest.

Business Eswatini was represented by the President, Andrew le Roux, alongside the CEO E Nathi Dlamini; Musa Maseko; and Nsindiso Thwala. On the other hand, African Development Bank’s nine executive directors were led by their spokesperson, David Stevenson.

Full Confidence

Making the remarks on behalf of Business Eswatini and the private sector, the President le Roux, categorically stated that the current Cabinet team seemed to have all the right leadership attributes and DNA to turn around of the country’s economy.

“Business confidence is now growing among the private sector,” he said while also admitting that the economy of the country was currently sluggish but expressed optimism that it would certainly recover given the consultative approach engaged by government.”

He also said the fact that His Majesty King Mswati III appointed the current crop of leaders spoke volumes about his commitment to seeing a change of the country’s fortunes.
Echoing the words of the President, Business Eswatini Executive E Nathi Dlamini alluded to the fact that the private sector umbrella body has rarely commended government in the past because there was not much to commend it about.

Post your comment

Your name:

Your e-mail address:

Add your comments:

Please enter the code you see in the image:

Image:

Code: