{"id":41585,"date":"2024-01-12T08:39:02","date_gmt":"2024-01-12T08:39:02","guid":{"rendered":"https:\/\/www.africa-press.net\/eswatini\/all-news\/10-new-businesses-5-000-jobs-coming"},"modified":"2024-01-12T09:18:51","modified_gmt":"2024-01-12T09:18:51","slug":"10-new-businesses-5-000-jobs-coming","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eswatini\/all-news\/10-new-businesses-5-000-jobs-coming","title":{"rendered":"10 NEW BUSINESSES, 5 000 JOBS COMING"},"content":{"rendered":"

Africa-Press – Eswatini. <\/strong><\/span>The Ministry of Commerce, Industry and Trade is set to accelerate implementation of current and pipeline projects.<\/b><\/p>\n

In order to create more jobs and improve the country\u2019s economy. The Minister of Commerce, Industry and Trade, Manqoba Khumalo, has hinted that over 10 pipeline projects are expected to go live this year and together these projects will employ over 5 000 people. According to Khumalo, implementing these projects is part of his ministry\u2019s strategy to execute the inputs made by emaSwati during the Sibaya-People\u2019s Parliament held late last year.<\/p>\n

The minister underscored that his ministry had analysed the inputs from Sibaya and this has informed their strategy, and they would approach execution as follows:<\/p>\n

1) Broad interventions aimed at<\/p>\n

addressing the issues<\/p>\n

2) Strategies that operationalise those interventions<\/p>\n

3) Where appropriate, budget estimates, are provided<\/p>\n

He noted that a number of these interventions required inter-ministerial coordination.<\/p>\n

Completion<\/b><\/p>\n

Khumalo added that they were also looking forward to the completion of the Johnson Workwear factory in Nhlangano, where at least over 2 000 jobs would be created. He said they were also aiming to see the completion of Gamula factory, where 1 000 jobs are expected to come to life. He added that they were working around seeing the completion of Far East Garments in Pigg\u2019s Peak, which will create 500 jobs while the Ngwenya Factory Expansion will see an additional of 2 000 jobs being created.<\/p>\n

There is also an expansion of SOMI, Conco and Mondelez International that is expected to continue. The minister\u2019s presentation also highlighted the number of Sibaya interventions and his ministry\u2019s strategy to see those interventions implemented. One of the interventions includes capitalising on the country\u2019s industrialisation and in order to tackle this, the ministry seeks to accelerate the factory shell programme, in keeping with His Majesty King Mswati III\u2019s vision to see 10 new factories per year.<\/p>\n

Performance<\/b><\/p>\n

During the Sibaya, there was also a call or intervention to expand domestic production and value addition to improve industrial performance. In order to tackle this, the Ministry of Commerce aims to enhance economic resilience by diversifying production and export markets by;<\/p>\n

i. Optimising value chains in existing industries through backward\/forward linkages (textiles\/timber etc.)<\/p>\n

ii. Attract businesses in new industries (e.g. pharmaceuticals, agro-processing).<\/p>\n

For More News And Analysis About Eswatini<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eswatini. The Ministry of Commerce, Industry and Trade is set to accelerate implementation of current and pipeline projects. In order to create more jobs and improve the country\u2019s economy. The Minister of Commerce, Industry and Trade, Manqoba Khumalo, has hinted that over 10 pipeline projects are expected to go live this year and […]<\/p>\n","protected":false},"author":84,"featured_media":41584,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[234,248,249],"class_list":["post-41585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-eswatini","tag-eswatini"],"yoast_head":"\n10 NEW BUSINESSES, 5 000 JOBS COMING - Eswatini<\/title>\n<meta name=\"description\" content=\"The Ministry of Commerce, Industry and Trade is set to accelerate implementation of current and pipeline projects.<\/b ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/10-new-businesses-5-000-jobs-coming\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"10 NEW BUSINESSES, 5 000 JOBS COMING\" \/>\n<meta property=\"og:description\" content=\"The Ministry of Commerce, Industry and Trade is set to accelerate implementation of current and pipeline projects.<\/b ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/10-new-businesses-5-000-jobs-coming\" \/>\n<meta property=\"og:site_name\" content=\"Eswatini\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-12T08:39:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-12T09:18:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2024\/01\/sm_1705038293.762227.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/10-new-businesses-5-000-jobs-coming#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/10-new-businesses-5-000-jobs-coming\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"10 NEW BUSINESSES, 5 000 JOBS COMING\",\"datePublished\":\"2024-01-12T08:39:02+00:00\",\"dateModified\":\"2024-01-12T09:18:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/10-new-businesses-5-000-jobs-coming\"},\"wordCount\":387,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/10-new-businesses-5-000-jobs-coming#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2024\/01\/sm_1705038293.762227.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eswatini\",\"Eswatini\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eswatini\/all-news\/10-new-businesses-5-000-jobs-coming#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/10-new-businesses-5-000-jobs-coming\",\"url\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/10-new-businesses-5-000-jobs-coming\",\"name\":\"10 NEW BUSINESSES, 5 000 JOBS COMING - 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