Home Business Standard Bank Sugar Summit targets trade bottlenecks
Business

Standard Bank Sugar Summit targets trade bottlenecks

Share
Standard Bank Eswatini Chief Executive Mvuselelo Fakudze.
Share

MBABANE – The upcoming Standard Bank Regional Sugar Summit is expected to serve as a critical platform for industry players to confront structural constraints limiting regional trade and industrialisation.

The summit also seeks to provide a platform for unlocking new opportunities for investment and market expansion across Southern Africa. Set for Friday at Simunye Country Club, the high-level gathering will bring together producers, financiers, policymakers and technical experts at a time when the sugar industry is navigating mounting pressures ranging from climate change to volatile global markets.

The summit, convened by Standard Bank Eswatini, comes against the backdrop of the African Continental Free Trade Area (AfCFTA), which is reshaping trade dynamics across the continent and placing renewed focus on regional value chains and cross-border competitiveness.

As a multi-billion-Emalangeni contributor to the Southern African Development Community (SADC) economy, the sugar industry remains a key economic driver, supporting livelihoods across farming, milling, logistics and downstream manufacturing.

However, stakeholders have increasingly pointed to structural bottlenecks that continue to hinder the sector’s full potential.

These constraints include inefficiencies in trade corridors, limited value chain integration, exposure to global price shocks and high input costs, all of which are expected to feature prominently in discussions.

Chief Executive of Standard Bank Eswatini, Mvuselelo Fakudze, said the summit is designed to unlock collaboration and innovation across the sugar value chain. “The sugar industry is not merely a commodity sector; it is a powerful engine for inclusive development,” Fakudze said, noting that the platform will focus on strengthening linkages between production, financing and markets.

He added that enhanced coordination within the sector could translate into improved incomes for smallholder farmers, increased employment and stronger rural economies. The 2026 summit programme is structured around three strategic pillars: Value chain integration, climate resilience and market diversification.

*Full article available on Pressreader*  

EWADE CEO Dr Samson Sithole.
EWADE CEO Dr Samson Sithole.
Eswatini Sugars Banele Nyamane.
Eswatini Sugars Banele Nyamane.

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

New bus fares to take effect next week

MANZINI – Commuters will start paying higher bus fares next week after transport operators begin displaying notices announcing the revised tariffs. The new...

Illegal foreign-owned businesses given 1 year to close

LOBAMBA – Foreign-owned businesses found operating in violation of the country’s laws and regulations have been given 12 months to regularise their operations...

President hosts Team Eswatini to dinner in Dakar

DAKAR – Team Eswatini athletes received words of encouragement from the country's Olympic leadership during a special dinner hosted by the EOCGA President ...

Another cup final for MaMkhize’s Eswatini team

(At Somhlolo National Stadium) Highlanders AM.....(0)0 Ubombo Sugar........(0)0  Highlanders won 5-3 on penalties) MBABANE - Mbabane Highlanders AM reached the PLE Charity Cup...

FNB offers more incentives to attract new customers

MBABANE - FNB Eswatini has introduced a campaign offering qualifying customers repayment holidays, cash-back incentives and additional family protection benefits. This comes as...

Related Articles

Sugar, soft drink concentrate exports lift trade surplus to E687.9m

MBABANE - Eswatini’s trade surplus widened to E687.9 million in September as...

Eswatini ranks 32nd in Africa governance index

MBABANE - Eswatini’s governance performance has barely shifted over a decade, with...

ESCC uncovers weaknesses across Eswatini beef value chain

MBABANE – Eswatini’s beef industry is characterised by low productivity, limited investment,...

Domestic revenue collection reaches E8.2bn at half-year

MBABANE - Domestic revenue collection reached E8.2 billion at mid-year, representing 47...