Africa-Press – Eswatini. The Eswatini Investment Promotion Authority (EIPA) has presented the proposed Investment and Trade Promotion Bill to stakeholders for consultation, outlining how the legislation seeks to modernise and streamline the country’s investment and trade framework.
The consultation took place at Sibane Sami Hotel today 30 July 2025, where stakeholders from various sectors gathered to provide feedback on the Bill. Speaking on behalf of the EIPA Chief Executive Officer, Sibusiso Mnisi said the Bill has been developed through a wide consultative process and is intended to align Eswatini’s trade and investment laws with international best practices.
“The Investment and Trade Promotion Bill is a strategic legislative instrument intended to modernise, harmonise and streamline the framework that governs investment and trade in our country,” Mnisi said. “It is the product of a review of existing legislation, identifying gaps and aligning improvements with international standards and Eswatini’s commitments under global agreements.”
Proposed changes to existing laws
Mnisi explained that the Bill, if passed, would repeal the Swaziland Investment Promotion Act of 1998, which he noted no longer reflects the realities of the current international trade and investment environment. Since 1998, he said, Eswatini has signed several agreements and conventions that are not fully accommodated by the existing legislation.
He added that the proposed Bill aims to create a more competitive and transparent investment framework that can encourage both local and foreign investment while improving export opportunities.
Reducing bureaucracy and improving coordination
Mnisi said the Bill seeks to address policy and regulatory gaps, reduce unnecessary bureaucracy and consolidate trade and investment activities under a more coordinated and responsive institutional framework.
He acknowledged that Eswatini has made progress in improving the business environment through initiatives such as the investor roadmap, which guides government business reforms. However, he noted the need for further adjustments to ensure that the country remains competitive in a rapidly changing global economy.
Inclusive participation and stakeholder input
Mnisi highlighted that the Bill is intended to support wider participation in the economy, particularly among youth and women, and align with national development goals set out in the Government Programme of Action.
“Stakeholder engagement is the cornerstone of regulatory and legislative development,” he told participants. “Your insights and feedback are essential to ensure this law is fit for purpose.” He encouraged stakeholders to review the Bill carefully and share their views so that the final draft reflects the needs of the private sector and the broader economy.
Mnisi concluded by thanking stakeholders and development partners for their participation and support. He said EIPA, as the implementing agency for investment and trade policy, would continue working closely with all parties to create an environment that supports business growth and economic participation.
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