Commemorating the Colleagues Lost to Covid-19: A Year in the Life of BE Under Covid-19

Saturday 14th March 2020 was the day on which the first case of corona virus was confirmed in Eswatini. In the afternoon of that Saturday the whole staff of Business Eswatini was recalled to work. The first placards ever to be printed and distributed country-wide were printed on that very Saturday and distributed by BE staff to locations such as Msunduza, Matsapha, Mahhala and KaKhoza throughout the night of Saturday. By the following week, we had reached every part of the country with the assistance of our members. Indisputably, Business Eswatini were the first responders to the...

SRA TARIFF CLASSIFICATION AND ONLINE TARIFF TRAINING

The SRA, in collaboration with Ministry of Commerce, Industry and Trade, will be conducting a series of one-day online training sessions for Clearing and Forwarding Agents, and In-house Declarants on the eCustoms Tariff for Eswatini Portal and covering an overview of the Harmonized System and General Rules of Interpretation.The training will also focus on some aspects of HS2022 and will provide an opportunity for participants to work through practical tariff classifications.Training sessions will be held between 16 March and 16 April 2021. Note that all training will be conducted remotely...

Business Eswatini’s Reaction to Budget Speech 2021 by Hon. Minister of Finance

Business Eswatini would like to acknowledge the speech by the Hon. Minister of Finance. We must say that the minister was his ‘typical self’ which means he was not unpredictable in his approach. We would like to thank him for that because as a business community we hate surprises.   The speech was well-articulated and also well-aligned to the challenges of this moment. We are aware of the difficulty of having to allocate limited resources to a wide array of needs. Not only that, but also the obtaining economic environment is extremely unpredictable as well as volatile which...

Speech From the Throne: Arguably, the Most Difficult Speech His Majesty had had to Make yet

The speech from the throne left almost nothing unsaid and touched on every pertinent and topical issue under the sun. For that, we congratulate His Majesty for the speech’s unequivocal content and for his eloquence in delivering it so artistically. One has to assume that it was not an easy speech to give, especially at a time when this country was being pummeled by unprecedented challenges – left, right and centre. But somehow, His Majesty pulled it off and as Business Eswatini we say “Bayethe Wena Waphakathi!!”. We were particularly touched when he took his time to...

BUSINESS ESWATINI TAKES THE LEGAL ROUTE FOR REDRESS

Dear Esteemed Members; Business Eswatini and the CEO have in the past few days borne the brunt of a misinformation campaign peddled by actors whose intentions remain obscure to the board of Business Eswatini, suffice it to say the CEO, in particular, is disappointed if not extremely livid about the campaign against us. So much so that he has now retained the services of a top lawyer with a brief to expeditiously push the matter to the court for urgent redress. This is not an overreaction on his part as his good name and reputational equity has been cruelly decimated by people he hardly...

Statement from BE Board: We’re Fully Behind the Recent Statements by our CEO, E. Nathi Dlamini

Business Eswatini’s mandate is to promote the advancement of our national goals and aspirations while advocating for and protecting the interests of the business community, in particular those businesses under Business Eswatini. In this spirit the board of BE stands fully behind the statement issued by the CEO. The Board of BE is disappointed at the politicisation of the CEO’s statements despite the full knowledge that it came from an informed place. For too long now, Eswatini’s utility tariffs have not been cost-reflective. The cross-subsidisation of electricity, in particular, has...

New EEC Tariff: A Big Win for Business

Dear Esteemed Members Following the newly released price structure by the energy regulator, Business Eswatini is of the view that there is finally some convergence of thinking by EEC, the energy regulator and the business community at large.EEC has been receptive to the concerns raised by Business Eswatini regarding the existing pricing model for energy, especially when it comes to businesses. Furthermore, they have demonstrably accepted that the existing pricing regime, which is fashioned on cross-subsidization, had served to create artificially high costs of doing business in the...

WELCOME NOTE FROM THE CEO

Greetings Esteemed Members, I would like to take this opportunity to welcome you all to the New Year. The year 2020 was fraught with tough challenges which affected the companies we run, and at a personal level, our families as well. Looking back, the pandemic steadily became a crisis of epic proportions as we were introduced, for the first time, to unfamiliar concepts of living and doing business. The many lockdowns and restrictions in the movement of people and goods – necessary as these measures may have been – put paid to a number of good initiatives aimed at turning the...

Tribute to Mrs. Dudu Cynthia Lomanene Vilakazi of HS Transport – A proud member of Business Eswatini

Business Women Eswatini (BWE) and the entire nation have lost another virtuous and courageous warrior in Mrs. Dudu Lomanene Vilakazi of HS Transport, which is a member of Business Eswatini. It is unprecedented but today we mourn our very own. No amount of words and sophisticated vocabulary could even begin to describe the kind of woman she has been to us as an organisation and the women empowerment movement. It is even difficult to describe our feelings of inconsolable loss resulting from her untimely passing away.    We started the BWE journey together only recently....

Memorializing H. E. The Rt.Hon. PM Mr A. M. Dlamini

The private sector of Eswatini E. Nathi Dlamini 24 Dec 2020 These are the collective sentiments of the private sector on whose behalf I have the privilege to express. They are from every businessperson in the land: big and small; formal and informal. It is their feelings for this moment whose time we had yearned will never come in our lifetimes. For us as a business community we have lost that which was a source of inspiration and hope. We have lost a treasure of a man who came and gave everything, and took nothing in return. And when his life was spent, he left. Hope...

Business Eswatini mourns the sad and untimely passing on of the Rt. Hon Prime Minister.

Passing Away of His Excellency the Rt. Hon Prime Minister He came. He gave. And when he was spent, he left. There are no words to express our shock and sorrow as a business community. The news of the demise of His Excellency the Right Honourable Prime Minister still feels like a nightmare from which we are yet to awaken.  We have always known that life is fleeting but this is too sad to bear and too soon to accept. As a business community we have been privileged to avail of his wise counsel over the years on important issues. And at another level, we have enjoyed his...

The Economic Recovery Plan

Minister of Economic Planning Dr. Thambo Gina: “The #EconomicRecoveryPlan is about gearing Government & the Private sector to work together. The Plan is a E30 billion stimulus package that will accelerate our economy into a much more sustainable path to achieve our development vision. Business Eswatini CEO E. Nathi Dlamini: “One day #COVID19 will be over so we need to prepare. As the private sector we congratulate Government for grabbing the bull by its horns. It’s not easy but it has to be done. We will work with you because you are sincere & committed.”

A hectic brainstorming session #nationbuilding

After a hectic brainstorming session with BWE leadership, the President had to strike a subdued pose at the end #nationbuilding

Enterprising women slog away

In the words of the CEO it’s a virtuous circle when enterprising women slog away on the factory floor to create national wealth. The Bank steps in to facilitate funding; the taxman takes his dues; Minister of Finance steps in: Bills are paid and the nation is healed for yet another day. The #VirtuousCircle is made whole