Times Of Swaziland: ... MINISTER CONFIDENT IN BUSINESS SECTOR

... MINISTER CONFIDENT IN BUSINESS SECTOR
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Mhlengi Magongo on 04/08/2022 08:09:00


MBABANE - The minister said they were confident that with huge efforts globally
deployed to control the pandemic through systematic vaccination programmes.
He said this was through strict respect of health regulations, most countries of
the region would continue to focus on economic recovery and resilience post
pandemic. “The continent has had the highest rate of population growth among
major areas, growing at a pace of 2.55 per cent annually, in recent years,” he
said. The minister also mentioned that growing markets entailed building
capabilities to attract and retain more investments in specific sectors which
the COMESA region have demonstrated to be more competitive.
Awaiting
“Abundant natural resources that call for more value addition through
industrialisation, unique tourism attractions, available human resources
awaiting for some development to and huge needs in infrastructure development,
just to mention a few,” he said. Khumalo also mentioned that the
implementation of the African Continental Free Trade Area (AfCFTA) could be an
opportunity for the African continent, including COMESA, to build resilience and
promote more trade and investment. Industries and sectors to benefit are
construction, retail, hospitality, textile, agriculture, IT and other trade
exports.