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publicationJuly 31, 2025

Eswatini Economic Update: Digital Transformation Key to Unlocking Growth, Jobs, and Economic Resilience

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Eswatini¡¯s economy is projected to grow by about 5% in 2025, through a combination of policies and supportive conditions amid global economic uncertainty. However, sustaining this growth will require decisive action particularly to accelerate digital transformation, strengthen fiscal resilience, and tackle long-standing structural challenges. These are the findings of the  latest edition of the Eswatini Economic Update (EEU) titled: . 

The impact of digitalization on economic transformation

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To unlock Eswatini¡¯s digital potential for high-growth economic transformation and job creation, the EEU recommends three core macro policy pillars; (i) enhance resilience through effective macroeconomic management, (ii) stimulate job creation through private sector development by improving the enabling environment and (iii) provide better and more affordable services through efficient public spending. 

How digital technologies drive job creation and growth

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Policy Priorities to Accelerate Digital Transformation
To propel Eswatini¡¯s digital future, a multi-pronged strategy is essential. 

First, strengthening digital governance requires clarifying mandates for the Ministry of ICT (MICT) and regulators to eliminate overlaps, alongside fully operationalizing the Cybersecurity Agency and Data Protection Office through a national change management program. 

Second, reforming Eswatini Posts and Telecommunications Corporation (EPTC) is critical to reduce data costs via restructuring and open-access policies, while expanding rural broadband through public-private partnerships. 

Third, building robust digital public infrastructure (DPI) includes launching a biometric digital ID for e-services (e.g., eKYC, G2P payments) and establishing interoperability standards to integrate health, education, and social protection systems. 

Fourth, upskilling initiatives¡ªsuch as a National Digital Skills Action Plan aligned with labor market needs and expanded STEM programs¡ªwill bridge talent gaps. 

Fifth, fostering digital entrepreneurship demands stronger intellectual property (IP) protections, startup access to government contracts (e-GP), and a blended finance fund for high-growth tech firms.

Together, these measures¡ªfrom accelerating EPTC reforms to investing in DPI and innovation ecosystems¡ªwill position Eswatini to harness digital transformation for inclusive growth, job creation, and reduced reliance on volatile revenue streams.

By addressing these priorities decisively, the nation can unlock systemic productivity gains, diversify its economy, and ensure no citizen is left behind in the digital age.