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GOVT MUST REVIVE BUY - SWAZI CONCEPT

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The beginning of a new year presents new opportunities for a large number of individuals and business entities in an economy.

During this time of the year most spiritual leaders seem to be spreading the same gospel; people should take introspection of their lives and formulate a new way forward. The new way forward should lead to success.


To a certain degree I firmly believe in such a strategy; self-examination. In order for one to know where s/he is heading they need to know where they are coming from and to be able to monitor and evaluate the progress towards achieving their intended target.
There is no better time for one to take stock of what they want to achieve than during the beginning of the year.


In the case of Swaziland, this year marks a number of milestones in various ways. First and foremost the country will be celebrating its 50th anniversary since independence; there will be a change in the country’s leadership-in terms of parliamentarians and ministers; thirdly our King, His Majesty King Mswati III, will be celebrating 50 years.


If someone were to ask me some of the areas I think government should focus on, I would say business establishment.
The main reason I am selecting this as an area of prioritisation is simply because business establishment has the great possibility of being a driver of development for our small economy, which is seemingly growing at a slower pace than economists and policy-makers and consumers would have envisaged.


Over the past years government has tried hard to create a conducive environment for small and large businesses alike.
One could trace such efforts back as far as 1970, when SEDCO was established, which was followed by NIDCS in 1971, which converted to SIDC in 1986 and revived in 2015.


There is also FINCORP as well as the export loan guarantee scheme, which is administered by the Central Bank of Swaziland.
With all these initiatives in place, it seems as though it has been difficult for locals to establish viable businesses.

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