Home Business Local motoring industry key to economic growth – BE
Business

Local motoring industry key to economic growth – BE

Share
Business Eswatini CEO Nathi Dlamini. (Courtesy pic)
Share

MBABANE – The motoring and engineering sector has been identified as one of the critical pillars supporting Eswatini’s economy.

Business Eswatini (BE) has called upon consumers, corporates and policymakers to actively support local vehicle sales, servicing and engineering businesses to ensure the sector’s long-term sustainability and competitiveness.

Business Eswatini says the motoring industry plays a far-reaching role in the country’s economic ecosystem, going beyond the sale of vehicles to include retail, maintenance, engineering services, logistics and skills development.

As such, the organisation believes stronger local support can translate into job creation, skills transfer and broader economic resilience.

According to Business Eswatini, the motoring industry enables commerce across the country by ensuring the movement of goods, people and services. From small enterprises relying on delivery vehicles to large corporations operating fleets, the sector underpins daily economic activity and productivity.

“The motoring industry drives Eswatini’s economy by supporting vehicle sales, retail and servicing, creating jobs and enabling commerce across the country,” Business Eswatini said.

“It is an essential sector that requires a supportive and enabling environment to grow, remain competitive and continue contributing meaningfully to national economic development.”

*…

… calls for local support

MBABANE – BE noted that without sufficient local support, the sector risks stagnation, skills erosion and over-reliance on imported services, which could have long-term negative implications for economic growth and self-sufficiency.

The organisation’s call comes at a time when Eswatini is focusing on industrialisation, localisation and job creation as part of its broader economic development agenda. Strengthening value chains within the motoring and engineering sector aligns with these national priorities, particularly in fostering small and medium enterprises (SMEs) and supporting technical skills development.

Business Eswatini reiterated that collaboration between the private sector, government and consumers is essential to unlock the full potential of the motoring and engineering industry.

*Full article available in our publication

Share
Written by
Nhlanganiso Mkhonta

Nhlanganiso Mkhonta serves as Business Editor at the Times of Eswatini. He reports on business, economics, finance, investment, entrepreneurship and public policy, producing insightful coverage and analysis of the issues driving Eswatini’s economy and the wider African business environment.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Maloma Colliery calls for calm as wage talks continue

MBABANE - Maloma Colliery Ltd has offered employees a cumulative nine per cent salary increase over two years, but wage negotiations have reached...

DNA plan could swallow E126m of Home Affairs budget

MBABANE – Making DNA testing compulsory before issuing birth certificates could cost taxpayers about E126 million annually, enough to fund free Grade I...

Swazipharm blames ministry delays, commits to compliance

LOBAMBA – After being implicated in the delivery of medical drugs that were later recalled, prominent pharmaceutical supplier Swazipharm has reaffirmed its commitment...

Eswatini girls shine at Dance World Cup finals

MBABANE - Eswatini’s young ambassadors represented the nation with flawless charm at the ongoing Dance World finals in Ireland. Talent and Motion shared...

Shembe forgives Zulu King after video fallout

MBABANE – Members of the Nazareth Baptist Church in Eswatini have rallied behind His Holiness Unyazi Lwezulu Shembe after he publicly forgave Zulu...

Related Articles

FNB takes SME support directly to regions

MBABANE – FNB Eswatini is expanding its support for the country's small...

FDI inflows plunge to E810m in 2025

MBABANE – Eswatini attracted approximately E810 million (US$45 million) in foreign direct...

EIPA defers 2nd Investment conference

MBABANE – Government has postponed the highly anticipated second edition of the...

Tribunal clarifies insurance tax rules in landmark ruling

MBABANE – The Revenue Appeals Tribunal Eswatini (RATE) has delivered yet another...