Swaziland
Small Enterprise Development Company (SEDCO)
SEDCO is a public enterprise under the
Ministry of Commerce, Industry and Trade established in 1970 to awaken, promote
and support entrepreneurial talent with a vision and prime focus to create jobs
and sustainable employment within the Small, Micro and Medium Sized Enterprises
(SMME’s) and thus make meaningful contribution in the larger socio-economic
development of the country.
Since establishment, a nationwide demand for
SEDCO’s business education, training and consultancy services has been observed
from active and potential entrepreneurs. Through our services, a substantial
number of our clients have received financial support from local financial
institutions. This is an indication that SEDCO is aggressively taking its
rightful role in facilitating and guiding entrepreneurial activities in the
country’s critical economic driver, the SMME sector.
www.sedco.biz
Swaziland Industrial Development Company
Swaziland Industrial Development Company Limited (SIDC) was formed in 1987 as a
joint venture between the Government of the Kingdom of Swaziland and major
International finance institutions (The DEG of Germany, CDC of UK, FMO of
Holland, Proparco of France and IFC (World Bank). These financial institutions
sold their shareholding in 2008 to Swaziland National Provident Fund (SNPF) and
Intenueron Investment Trust. It is a private development company committed to
supporting its customers with quality services in the financing of projects
through equity, loans, finance leasing and factory buildings for lease.
SIDC primary corporate objectives are:
- Create wealth for the Swazi economy
- Increasing the value of its shareholders' investments
- Practicing cost-efficient management
- Achieving profits in its operations.
SIDC
fulfills
its role by promoting and investing in financially viable projects in the
sectors of:
- Industry
- Property Development
- Mining
- Agribusiness
- Tourism
- Commerce
- Services
- SME's
www.sidc.co.sz
Women in Business Association:
Ms.Dudu Dlamini
Chairperson
Business Women’s Forum of Swaziland (BWFS), Mbabane, Swaziland
dudu_mbbs@realnet.co.sz
World Bank Group Doing Business Report:
http://www.doingbusiness.org/~/media/wbg/doingbusiness/documents/profiles/country/swz.pdf
African Development Bank Knowledge Management Products:
https://www.afdb.org/en/countries/southern-africa/swaziland/swaziland-knowledge-products/
Swaziland Economic Outlook
Real GDP growth declined to an estimated 1% in 2017, down from 1.3% in 2016. Sluggish growth was
observed mainly in wholesale and retail trade, as well as financial services, where output was
hindered by reduced government spending due to ongoing fiscal challenges. Although agricultural
output buoyed by good weather conditions following the El Niño–induced drought of 2015, as was
agro-processing, the sector contracted, dragged down by livestock production, which suffered
heavy stock depletion following the drought. Manufacturing bounced back in 2017, driven mainly
by investment in textiles. Construction activity contracted due to limited fiscal space, which
hindered implementation of public projects in 2017.
