Africa-Press – Eswatini. The new Eswatini National Industrial Development Corporation (ENIDC) board has been tasked with fostering the creation of sustainable employment opportunities and amplifying wealth creation in Eswatini, especially among the youth.
This was said by the Acting Minister of Commerce, Industry and Trade, David ‘Cruiser’ Ngcamphalala, when launching the new board yesterday at the Ministry of Tinkhundla Administration and Development. “Government has entrusted you with this very important role. The ministry is currently in the process of building factories in the country and government has put trust in you to make sure that all emaswati, the youth included, develop with the country,” he said. The acting minister reiterated the importance of boards, and said that they are an extension of government, tasked with the responsibility of making sure that they get to where government cannot get. “The reality of the situation is that there are no job opportunities in the country, therefore, boards like this one are mandated to be part of the solution in job creation, especially where the youth is concerned,” he added.
reminded
When welcoming the board, the minister reminded them of the importance of working hand-in-hand with government and wished them well as they wait for the incoming government. He went on to remind the board about the changes government had put in place regarding monitoring and evaluation. “It is a good thing that government has introduced quarterly reports, where boards have to report their progress. This is going to be very useful in monitoring progress in our work,” he said. The Chairperson of the board, Mduduzi Magongo, pleaded with the government for cooperation when delivering his remarks. “We will not be able to implement our duties with ease without help from the government, therefore, we plead for cooperation from the incoming government,” he said.
The Eswatini Industrial Development Corporation was established by the Government of Eswatini through the National Industrial Development Act of 1971, as a public enterprise, with the aim of promoting industrial development in Eswatini. Its activities complement the government’s efforts to attract investment by offering equity participation and anchoring investor confidence in Eswatini.
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