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Home Business Economy

Gina launches economic update with 5% growth forecast

Adekunle Owolabi by Adekunle Owolabi
July 31, 2025
in Economy
Reading Time: 2 mins read
0
Minister of Economic Planning and Development Dr. Thambo Gina speaks during the launch of the Eswatini Economic Update at the UN House in Mbabane.

Minister of Economic Planning and Development Dr. Thambo Gina speaks during the launch of the Eswatini Economic Update at the UN House in Mbabane.

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MBABANE – Eswatini is projected to grow by 5% in 2025, according to the newly launched Eswatini Economic Update, with digital transformation identified as a key driver of this recovery. The report was officially launched by the Minister of Economic Planning and Development, Dr. Thambo Gina, during an event held at the UN House in Mbabane.

Themed “Harnessing the Potential of Digital Technologies for Growth and Job Creation,” the report outlines progress in areas such as broadband expansion and e-government platforms while pointing to challenges including limited rural connectivity and digital literacy gaps.

Minister Gina said Eswatini must act decisively to embrace digital tools, citing examples from countries like Estonia, Mauritius, and Singapore where technology has helped small economies leap forward. He noted that digitalisation is no longer optional but essential for resilience, job creation, and better service delivery.

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Minister Thambo Gina pictured with UNDP Country Representative, World Bank officials, and Minister of ICT during the official launch of the Eswatini Economic Update.
Minister Thambo Gina pictured with UNDP Country Representative, World Bank officials, and Minister of ICT during the official launch of the Eswatini Economic Update.

The government, he said, plans to integrate the report’s findings into national development planning, with targeted efforts in education, agriculture, and healthcare.

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He also acknowledged the role of the Ministry of Information, Communication and Technology in pushing forward the digital agenda. Gina called for stronger collaboration between government, the private sector, and development partners to ensure that Eswatini does not fall behind in the global digital economy.

Adekunle Owolabi

Adekunle Owolabi

Adekunle Owolabi is a journalist, political analyst, and digital strategist with experience across Africa and the Middle East. He focuses on international diplomacy, promotes digital inclusion, and advocates for a borderless Africa.

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