The private sector has expressed strong optimism about Eswatini’s economic prospects for 2026, citing sound macroeconomic fundamentals, improving global confidence, and sustained collaboration among key stakeholders.
Speaking at the Business Eswatini (BE) Annual Reflections 2026, President, Mvuselelo Fakudze, said the outlook for the year ahead was bullish, underpinned by prudent monetary policy, ongoing fiscal consolidation, and subdued inflation.
“Our view on the economic front is bullish as informed by our strong economic fundamentals,” Fakudze said. “Monetary policy remains on point; fiscal consolidation is ongoing; inflation has been subdued at single-digit levels; and the country’s ratings on the global stage are improving, thereby injecting a much-needed dose of confidence.”
The annual reflections, held under the theme “King, Country, Business,” brought together private sector leaders, government representatives, organised labour, and the media to reflect on the performance of 2025 and set the tone for the year ahead.
While acknowledging that 2026 will not be without challenges, Fakudze stressed that success will largely depend on the collective actions of the private sector, workers, policymakers, and government.
“If you think 2026 will be a successful year, you would be right. However, if you think 2026 will be a bad year, you would also be right,” he said. “The difference lies in how we collaborate. If we continue to work together, our chances of success multiply exponentially.”
Fakudze emphasised the importance of unity of vision and purpose, noting that economic growth can only be achieved if all stakeholders pull in the same direction.
“I therefore pray for unity in the country, unity of vision and of purpose so that we all pull in one direction to achieve the lofty economic goals we have set for ourselves,” he said. “I do not doubt that as a collective private sector, working together, we are well positioned not only to meet the challenges of the moment but also to meet the hurdles which 2026 may bring.”