... MINISTER CONFIDENT IN BUSINESS SECTOR
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.
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