By Mbono Mdluli
EZULWINI – Prime Minister Russell Mmiso Dlamini has highlighted the Kingdom of Eswatini’s economy as being on a positive trajectory, signalling optimism for the country’s financial future.
Speaking during the 2025 Cabinet Retreat at Royal Villas in Ezulwini, Dlamini expressed confidence in achieving the government’s ambitious target of 12 per cent economic growth. “It is pleasing to note that the economy of the Kingdom of Eswatini is on a positive trajectory, an indication of the confidence of markets in the economy and Government,” he stated.
Dlamini further pointed out that the projected eight per cent economic growth for the 2025/2026 fiscal year reinforces the feasibility of reaching the 12 per cent goal. He emphasized the need for collaboration across all sectors, urging both public and private sectors, as well as individuals, to contribute to stimulating economic growth.
“Government is not in a delusion that this target can be attained without the participation of all sectors of the economy and therefore invites everyone to work hard and work together,” he said.
During his address, the Prime Minister elaborated on the government’s achievements in the first year of its tenure. Key among these was the development and launch of an ambitious Programme of Action and Policy Statement, which prioritizes exponential economic growth led by the government, a transformative shift in national mindsets, and the establishment of an efficient public service focused on delivering results. “Food sovereignty, infrastructure development, and energy are key components of the Policy Statement and Programme of Action, remaining critical catalysts for economic development and indicators of progress,” he noted.
In addition, the government’s mid-term Programme of Action is complemented by the formulation of a Grand Plan, which is set to be completed within the year. Energy generation, which the Prime Minister described as a cornerstone of industrialization, is a priority within the plan.
To address this, the government has issued contracts for power generation, aiming for an initial capacity increase of 198 MW. However, the Prime Minister acknowledged that achieving a minimum base load of 1,000 MW is essential for promoting industrialization.
“Government continues to engage partners and private companies interested in investing in power generation. We must have foresight in promoting power generation,” he remarked.
The Prime Minister’s remarks underscore the government’s commitment to achieving sustainable economic growth through strategic planning and multi-sectoral collaboration. The envisioned trajectory aligns with Eswatini’s broader goals for national transformation and development.
