High growth in entrepreneurs

MANZINI-SEDCO Chief Executive Officer (CEO) Khethiwe Mhlanga says the Entrepreneur of the Year Awards (EYA) has showcased that in the local market there is high growth in entrepreneurs.

Mhlanga urged all emaSwati to support the local entrepreneurs in both goods and services sectors.

Let us become conscious consumers and buy locally produced goods when shopping, make it a habit to always reach for the locally produced goods as that is how we grow our businesses and the economy at large,” said Mhlanga.

DEVELOPMENT

Mhlanga said the 17th edition of the EYA came with a lot of growth in the space of Micro, Small, and Medium Enterprises (MSME) development and Small Enterprises Development Company (SEDCO) continued to be committed to entrepreneurship development.

“We appreciate His Majesty’s government for the support that they have given us in our endeavor to promote entrepreneurship throughout the kingdom of Eswatini,” said the CEO.

Mhlanga acknowledged all partners who worked closely with SEDCO as they developed the capabilities of MSMEs.

Mhlanga mentioned that entrepreneurs were hope that as a nation we were improving our productive capacities.

She highlighted that according to the United Nations Conference on Trade and Development, productive capacities have three main dimensions which are productive resources, entrepreneurial capabilities, and production linkages.

GROWTH

Mhlanga said these defined the country’s capacity to produce goods and services which contributed to economic growth.

“We are seeing this with the entrepreneurs who have joined the EYA competition as they are both in the goods and services sectors,” said the CEO.

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