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Economy of Swaziland and business opportunities

Economy of Swaziland

The economy of Swaziland 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.

Agriculture

Title Deed Lands (TDLs), where the bulk of high value crops are grown (sugar, forestry, and citrus) are characterized by high levels of investment and irrigation, and high productivity. Nevertheless, the majority of the population - about 75 percent-is employed in subsistence agriculture on Swazi Nation Land (SNL), which, in contrast, suffers from low productivity and investment. This dual nature of the Swazi economy, with high productivity in textile manufacturing and in the industrialized agricultural TDLs on the one hand, and declining productivity subsistence agriculture (on SNL) on the other, may well explain the country's overall low growth, high inequality and unemployment.

Sugar Industry

Swaziland is the fourth largest producer of sugar in Africa and is 25th in production in the world. This demonstrates the immense focus of the industry in order to continue to grow their economy. Swaziland's GDP was $8.621 billion (US dollars) in 2014 base on purchasing power parity and of that 7.2% of that is from the agriculture sector and of that sector, sugarcane and sugar products have the largest impact on GDP.

Mining

Currently, Swaziland's mineral sector is governed under a policy drawn up prior to Swaziland's independence. In response to the sector's recent decline, a new mining policy is being drafted by consultants, paid for by a grant from China, and legislation to facilitate small-scale mining has also been proposed.

The country's main source of foreign exchange is the Bulembu asbestos mine, however production has hit a steep decline. Diamond, iron ore and gold have also been found in the past, however a lack of investment and development policy has seen the region's potential falter.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Economy Of Swaziland"

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This section contains economy and business opportunities and from Swaziland.
Swaziland Economy Swazi Economy, business opportunities in Swaziland.
Summary:
Preparation of Mbabane Town Planning Scheme and Inner-City Urban Design Framework
Country:
Swaziland
 
Notice Type:
Tender Notice
Deadline:
24 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
SUPPLY AND DELIVERY OF 8 TON CHASSIS CAB TRUCK & TRANSFER OF REFUSE COMPACTION UNIT
Country:
Swaziland
 
Notice Type:
Tender Notice
Deadline:
24 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
SUPPLY AND DELIVERY OF SELF-PROPELLED MOBILE BROOM, BITUMEN DISTRIBUTOR TRUCK MODIFICATION AND TAILGATE-MOUNTED CHIP SPREADER.
Country:
Swaziland
 
Notice Type:
Tender Notice
Deadline:
31 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
Preparation and Submission of Applications for Environmental Assessment and Establishment of Human Settlement for Upgrading Townships Mncitsini, PTS and Gobholo in the Municipal Council of Mbabane
Country:
Swaziland
 
Notice Type:
Tender Notice
Deadline:
31 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
Supply and Delivery of Water Treatment Chemicals
Country:
Swaziland
 
Notice Type:
Tender Notice
Deadline:
31 May 2024
Posting Date:
30 Apr 2024
 
 
 
Summary:
Supply and Delivery of Pipes, Fittings and Brassware
Country:
Swaziland
 
Notice Type:
Tender Notice
Deadline:
10 May 2024
Posting Date:
30 Apr 2024
 
 
 
Summary:
Rehabilitation Of Armco Culverts At Km124.9, Km452.5 And Km452.7 During Shutdown
Country:
Swaziland
 
Notice Type:
Tender Notice
Deadline:
13 May 2024
Posting Date:
17 Apr 2024
 
 
 
Summary:
Sz-Eswatini Covid-19 Emergency Response Project -- P173883
Country:
Swaziland
 
Notice Type:
Procurement Plan
Deadline:
23 Jan 2025
Posting Date:
25 Jan 2024
 
 
 
Summary:
Sz-Eswatini Covid-19 Emergency Response Project -- P173883
Country:
Swaziland
 
Notice Type:
Procurement Plan
Deadline:
18 Jan 2025
Posting Date:
20 Jan 2024
 
 
 
Summary:
Sz-Network Reinforcement And Access Project -- P166170
Country:
Swaziland
 
Notice Type:
Procurement Plan
Deadline:
17 Jan 2025
Posting Date:
19 Jan 2024
 
 
 

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