Swaziland Travel Guide - Business

• GDP: US$2.7 billion (2007).
• Main exports: Soft drink concentrates, sugar, pulp, canned fruits and cotton yarn.
• Main imports: Chemicals, clothing, food, machinery and motor vehicles.
• Main trade partners: South Africa, EU and Japan.

The economy is dominated by and closely linked with that of South Africa, and the country is a member of the Southern African Customs Union (through which the government receives around half its total revenue).

Agriculture is by far the largest part of the economy, employing over 75% of the working population. The industrial sector is mainly concerned with processing agricultural products, largely food and wood products including paper, and also the production of textiles and metal goods. The country's mining industry produces coal, of which there are extensive reserves, and diamonds.

Unemployment remains at an estimated 40% (2006); GDP growth rate is 1.6% (2007); and inflation is running at about 6% (2007).

Lightweight suits are generally expected for business. Appointments are necessary and business cards are exchanged. English is widely spoken in business circles.

Office hours: Mon-Fri 0800-1300 and 1400-1645.

The principal facilities are at the Royal Swazi Convention Centre in the Ezulwini Valley, which has seating for up to 600 people. Several hotels also have facilities for smaller numbers, with back-up services. The tourist office (see Contact Addresses) can supply information.

Swaziland Industrial Development Co (SIDC)
PO Box 866, 5th Floor, Dhlan'ubeka House, Mdada and Lalufadlana Streets, Mbabane, Swaziland
Tel: (40) 44010 or 43391.
Website: www.sidc.co.sz

The Federation of Swaziland Employers and Chamber of Commerce
Emafini Business Center, Malagwane Hill, Mbabane, Swaziland
Tel: (40) 40768/44408.
Website: www.business-swaziland.com