About The Kingdom of Swaziland
The Kingdom of Swaziland is the third smallest and among the least populous countries on the African continent. Landlocked, and with South Africa and Mozambique as its only neighbors, Swaziland ’s economy is fairly diversified, with agriculture, forestry and mining accounting for about 13 percent of GDP, manufacturing (textiles and sugar-related processing) representing 37 percent of GDP and services – with government services in the lead – constituting 50 percent of GDP.
Title Deed Lands (TDLs), where the bulk of high value crops and plantations are grown (citrus, sugarcane and forestry) are characterized by high levels of investment, irrigation, and high productivity.
The Swazi economy is very closely linked to the South African economy, from which it receives over 90 percent of its imports and to which it sends about 70 percent of its exports. Swaziland’s other key trading partners are the United States and the EU, from whom the country has received trade preferences for apparel exports to the United States (under the African Growth and Opportunity Act (AGOA), and for sugar (to the EU). Under these agreements, both apparel and sugar exports did well, with rapid growth and a strong inflow of foreign direct investment. Textile exports grew by over 200 percent between 2000 and 2005, and sugar exports increased by more than 50 percent over the same period. The recently concluded Investment Climate Assessment (ICA) provides some positive findings, namely that Swazi firms are among the most productive in Sub-Saharan Africa.
In addition, the country has a long established free enterprise economy, political and economic stability as well as a safe and secure location for business, family and property. Institutional support services are available from well established international firms.
Competitively priced utilities such as water, electricity, telephone and postal services are readily available. Foreign exchange and international money transfers are provided through the international commercial banks operating in the country. Capital goods and raw materials enter the country free of customs and excise duties.
The Manufacturing and Processing sectors have been the major contributors to the economic growth and the government is committed to increasing its contribution through a variety of incentives. In addition, Tourism, Agriculture and Natural Resources have been identified as having potential for driving economic development and are also eligible for government support.
Coordinating Ministries
Hon. Minister Mrs Jabulile Mashwama
Ministry of Commerce, Industry and Trade
P.O. Box 451
MBABANE
Tel: +268 404 3201/6
Fax +268 404 3055/+268 404 4711
Mrs Zodwa Mabuza
The Chief Executive Officer
Federation of Swaziland Employers and Chamber of Commerce
EMafini Business Centre, Malagwane Hill
P.O. Box 72
MBABANE
Tel: (+268) 404 0768/ 404 1374/ 404 4333/ 404 7631/ 404 5442/ 404 4408 /
Fax: (+268) 409 0051
Swaziland Investment Promotion Authority (SIPA)
Mr. Phiwayinkhosi Ginindza
Chief Executive Officer
Swaziland Investment Promotion Authority
P. O. Box 4194
Mbabane H100
Swaziland
Telephone number: +268 404 0470/2/3/4
Fascimile: +268 404 3374
E-mail:
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Foreign Direct Investment
Mr. Zizwe Vilane
Director Foreign Direct Investment
Swaziland Investment Promotion Authority
P. O. Box 4194
Mbabane
Swaziland
Telephone number: +268 404 0470/2/3
Fascimile: +268 404 3374
E-mail:
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
SMEs
Mr. Sabelo Mabuza
Director Domestic Investments
Swaziland Investment Promotion Authority
P. O. Box 4194
Mbabane
Swaziland
Telephone number: +268 404 0470/2/3/4
Fascimile: +268 404 3374
E-mail:
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Investor Facilitation
Mr. Mandla Nkambule
Director Investor Facilitation and After Care
Swaziland Investment Promotion Authority
P. O. Box 4194
Mbabane H100
Swaziland
Telephone number: +268 404 0470/2/3/4
Fascimile: +268 404 3374
E-mail:
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Research and Policy
Mr. Muzi Dube
Director Research and Policy
Swaziland Investment Promotion Authority
P. O. Box 4194
Mbabane H100
Swaziland
Tel: +268 4040470/2/3/4
Fax: +268 404 3374
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Travel/Tourism