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BUSINESS ESWATINI, SACCI SIGN MOU

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MBABANE – The South African Chamber of Commerce and Industry (SACCI) has signed a cooperation agreement with Business Eswatini.


The President of South African Chamber of Commerce and Industry (SACCI), Advocate Mtho Xulu, supported by his Chief Executive Officer, Alan Mukoki-Hlongwane and the Head of Policy advisor Wilfred Tshuma, signed the agreement with Business Eswatini which was represented by its CEO, Nathi Dlamini.


The signing ceremony was undertaken on the sidelines of the ongoing 25th Meeting on the Intergovernmental Committee of Senior Officials and Experts (ICSCOE) of Southern Africa funded by United Nations Economic and Social Council (UNECA) conference in Ezulwini where all SADC countries were in attendance. 


Witnessing the event for Business Eswatini was Musa Maseko, who is Head of Trade and Commerce at Business Eswatini.
Dlamini thanked his South African counterparts for agreeing to partner with Business Eswatini, especially because South Africa remains Eswatini’s major trading partner.


timely


The CEO further said the cooperation agreement was timely given the volatilities that had been experienced of late, where there was loss of life due to social upheavals in the republic.
He said this was unfortunate and then called for calm on all sides.


Dlamini further stated that the upheavals had affected Eswatini businesses in ways that were despicable.
He said the damage caused was still being assessed and quantified but would definitely run in the millions.
Advocate Xulu said the organisation strives to promote collaboration at an international level, to create visibility especially within the region with intent to create mechanisms which support business collaboration and investment.


He mentioned that the MoU signed with Business Eswatini was a perfect example of their drive to promote such efforts and strengthen relationships.
“Upon return in South Africa, we will identify sectors which have the ambition of doing business here in the kingdom, as part of the collaborative arrangement and give force to the implementation of this agreement,” Xulu promised.
He also mentioned that in their next meeting slated for next week, he would inform all members on the opportunities to be explored from the agreement.


launching


During conversations on the table, Dlamini made mention that the MoU had come at an opportune time as the country would soon be launching the E-Commerce platform driven by AeTrade in October.


This platform is an extension of the AfCFTA organ meant to create an open border trade environment in Africa.


In absentia, Business Eswatini President Andrew Le Roux sent his congratulatory note and expressed his excitement at the prospects of the alliance.
When UN Regional Coordinator Nathalie Ndongo was informed about the signing of the agreement, she congratulated both parties as well.

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