NO GOVT INTERFERENCE IN BUSINESS - PM

EZULWINI – In the quest to mutate the Eswatini economy to be export driven, government has made a strong undertaking not to interfere with business operations. 

Prime Minister, Mandvulo Dlamini, welcomed the French delegation into the country and said government was looking for ways to pave way for more private-sector driven economic growth. He said they believe the private sector remains the catalyst for development and provides the best model to leverage economic growth.

“It is for this reason that we strive to ensure that the government does not interfere with businesses as a government that interfered with businesses was paid by inefficiency. Eswatini is open for business and we will do our utmost to make sure that the economic climate is as conducive as possible,” said Dlamini.
He recognised French companies resident in the country, which include; Total, Air Liquide which trades as Swazi Gases, Alliance Française (The French Alliance) and Medicines San Frontières (Doctors Without Borders).

The Eswatini-France Business Seminar hosted a French delegation that was comprised of businessmen based in South Africa and the French Chamber of Commerce at the Royal Villas in Ezulwini on Wednesday.

Eswatini Investment Promotion Authority (EIPA) Acting Chief Executive Officer, Hanalora Strydom, welcomed the delegation and said she was grateful to have the delegation as they moved towards achieving the mandate that the government impressed on EIPA, which could be summarised as attracting and facilitating investment and promote trade in the Kingdom, both from foreign and domestic fronts.

She said, “As part of our strategy to achieve the mandate, they tried to leverage relations with overseas chambers of commerce that were resident in neighbouring South Africa, hence the seminar being timely.”
Provide
Strydom said EIPA believed that as an institution, they were well able to provide the necessary assistance to French companies that were interested in investing in the country. She said as an investment promotion authority, they applauded the support that the government had demonstrated in creating the necessary impulse that allowed for the creation of an investment friendly environment.

The Chairman of the French Chamber of Commerce and Industry, Dr. Yves Guenon, was introduced by Thuli Phiri, who was the leader of the delegation.
Phiri said what investors looked for when they were considering where to invest, one of the key things they were looking to achieve was to build relationships, and come to realise that they have shared values and visions.

She said, “Investors looked for shared values and visions were one of the things they hopefully shared with Eswatini, in terms of where the country wanted to expand and by so doing, expand the economy of Eswatini. Though the economic climate was very stringent, companies were looking to diversify their investment, as well as scale.”

The seminar was attended by the Prime Minister, Ambrose Mandvulo Dlamini, the Minister of Finance, Neal Rijkenberg and the Minister of Commerce, Industry and Trade, Manqoba Khumalo.

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