Business Eswatini (BE) reaffirmed its vital role as a key partner in shaping Eswatini’s economic future through a strong presentation by its Chief Executive Officer, E. Nathi Dlamini, at the Parliamentarians’ Retreat on November 5 at Sibebe Resort.
Held under the theme “The Role of Parliamentarians in Promoting Economic Growth,” Dlamini’s speech outlined a legislative plan designed to foster a vibrant, inclusive, and competitive economy.
He described Parliament not just as observers but as “architects of the nation’s economic direction,” stressing that the laws, debates, and policies they promote are critical for whether Eswatini’s economy flourishes or falls behind.
Dlamini’s focus was on four essential themes for economic growth: the Immigration Bill, the Employment Bill, the encouragement of Local and Foreign Direct Investment, and the importance of investing in technology and skills.
The session was lively, with parliamentarians actively engaging in discussions, asking questions, and exploring BE’s viewpoints. Notably, the conversation included the impact of artificial intelligence on youth employment, showing a forward-thinking approach to national issues.
In a notable show of support for this public-private exchange, the Speaker of Parliament, Jabulani Mabuza, expressed gratitude for BE’s input and urged the organization to keep working with the government. The Speaker also encouraged BE to respond quickly to future invitations for technical input on new legislation.
A major part of the discussion focused on the proposed Employment Bill No. 12 of 2024. While BE appreciated the bill’s aim to modernize and some of its progressive features, Dlamini raised a serious concern about Section 129, which seeks to bar triangular employment relationships.
He warned that a complete ban, instead of regulation, would be “economically destructive,” violate the Constitution, and risk destabilizing the labor market. Using BE’s Impact Analysis Report 2025, Dlamini pointed out the possible consequences:
– Over 20,000 jobs (both direct and indirect) could be at immediate risk;
– Severance liabilities could exceed E250 million, a shock that might devastate MSMEs and harm key sectors like security, forestry, and agriculture.
“Your role as Parliamentarians is to protect the economy from such foreseeable and measurable harm,” he urged. Dlamini called on members to ensure that triangular employment is regulated, not banned, following International Labour Organization (ILO) standards and best practices from neighboring SADC economies like South Africa and Namibia.
Dlamini also highlighted the combined potential of the Trade and Investment Promotion Draft Bill and the Immigration Bill, describing them as complementary tools for economic progress. He explained that a modern immigration law could serve as a proactive economic tool by clarifying investor pathways, introducing smart visa quotas linked to job creation, and aligning migration policies with labour market needs.
Additionally, he emphasized the need to incorporate Environmental, Social, and Governance (ESG) principles into Eswatini’s laws to stay competitive globally. He called for urgent reforms to close the skills gap by strengthening collaboration between academia and industry.
In his closing remarks, Dlamini reminded parliamentarians that economic growth is not accidental but results from deliberate decisions, solid policies, and bold leadership.
“The private sector stands ready to collaborate with you, the legislators, to create a pro-growth environment that fosters innovation, supports entrepreneurship, and attracts investment,” said Dlamini. “Let us continue shaping Eswatini’s economic future with foresight, integrity, and a united courageous effort.”
The event reinforced BE’s position as a key thought leader and strategic partner to the government, dedicated to working together to build a prosperous, inclusive, and resilient Eswatini for everyone.