• #111 (no title)
  • About Us
  • Contact Us
  • COVID-19 Coronavirus Global Data
  • Home 3
  • Job Dashboard
  • Jobs
  • Log In
  • Post a Job
  • Privacy Policy
  • Privacy Policy
  • Reset Password
  • Sign Up
  • Tenders
  • test
Tuesday, May 30, 2023
Independent News
  • Home
  • COVID-19
    • COVID-19 Global Data
  • News
    • Local
    • South Africa
    • Africa
    • World
  • Business
    • Economy
    • Markets
    • Finance
    • Businesses
    • World Economy
  • Technology
  • Travel
    • Travel News
    • Hotels
    • Domestic Tourism
    • Health
    • Home and Garden
    • Motoring
    • Travel Tips
  • Entertainment
    • Local
    • Upcoming Events
    • International
    • Celebrity News
    • What’s On
    • Music
    • Movies
  • Tenders
  • Sports
    • Local Sports
    • Legend Corner
    • International Sports
    • Soccer
    • Rugby
    • Cricket
    • Tennis
    • Boxing
    • Cycling
    • Golf
No Result
View All Result
  • Home
  • COVID-19
    • COVID-19 Global Data
  • News
    • Local
    • South Africa
    • Africa
    • World
  • Business
    • Economy
    • Markets
    • Finance
    • Businesses
    • World Economy
  • Technology
  • Travel
    • Travel News
    • Hotels
    • Domestic Tourism
    • Health
    • Home and Garden
    • Motoring
    • Travel Tips
  • Entertainment
    • Local
    • Upcoming Events
    • International
    • Celebrity News
    • What’s On
    • Music
    • Movies
  • Tenders
  • Sports
    • Local Sports
    • Legend Corner
    • International Sports
    • Soccer
    • Rugby
    • Cricket
    • Tennis
    • Boxing
    • Cycling
    • Golf
No Result
View All Result
Independent News
No Result
View All Result
Home Business

NAMBoard gearing up to cut food produce imports by E600m

Sifiso Sibandze by Sifiso Sibandze
May 6, 2021
in Business
3 min read
0
NAMBoard gearing up to cut food produce imports by E600m

NAMBoard team Group Photo during a breakfast meeting with Eswatini Editors’ Forum held at Hilton Garden Inn

  • Eswatini currently spends E1.6bn/year buying 1.2m kilograms of food and scheduled products

Mbabane: In a move to reduce food and scheduled products imports into Eswatini, the National Agricultural Marketing Board (NAMBoard) is taking its performance to the next level by increasing the number of farmable hectares.

 Currently, hectares producing fruits, vegetables, and scheduled products are 4 000 and NAMBoard is gearing up to increase this number to 7 000 hectares by 2030. Ultimately, this will result in the reduction of the amount of money that the country spends buying scheduled products from South Africa.

According to NAMBoard’s Chief Executive Officer (CEO), Siphephiso Dlamini, Eswatini imports about 1.2 million kilograms per annum (fruits, vegetables, and other scheduled products), which cost about E1.6 billion. The CEO said the food crops which they are targeting to reduce include but are not limited to white and yellow maize, beans, sorghum, soya, and sunflower crops and vegetables, both conventional and baby vegetables.

With the increased number of farmable hectares targeted by the marketing board, Dlamini said it might generate approximately about E600 million per year. This effectively means the amount spent in purchasing these products from neighboring South Africa and other countries could come down to E1 billion.

However, Dlamini was quick to explain that the sum of money that would be generated in the country due to the increase in the farmable land, could drop by a lesser amount, but in juxtapose, export revenue might grow. “While we are looking at reducing some of the imports through increasing the farmable land to 7000 hectares, which might result in an increase of the production of yellow maize, mainly used to produce animal feed. Therefore, if the production of yellow maize increases, definitely the production of animal feed will do the same and that will certainly result in the growth of animal feed exported outside the country,” Dlamini explained. Currently, Eswatini exports about 20 percent of animal feed produced in the Kingdom.

The CEO was speaking during a breakfast meeting with Eswatini Editors’ Forum held at Hilton Garden Inn on Thursday. Dlamini highlighted that NAMBoard is currently dealing with 2000 farmers who are producing vegetables, citrus, and other fruits. Dlamini said it is important for the country to upscale its food production because that goes a long way in the development of the economy and creating wealth for the farmers.  

Dlamini went on to highlight the financing question, explaining that NAMBoard supports farmers through a revolving fund where they are supplied with farm inputs and provided with technical assistance as a critical part of the move to increase local production. The CEO emphasized that it is of utmost importance for NAMBoard to create the capacity to produce through the empowerment of farmers.

On a rather sad note, Dlamini decried farmers’ failure to take heed to their advice pertaining to the way they produce their vegetables. He said NAMBoard encourages them to always use a market-led approach which speaks to that farmers should always find the market first before they grow their vegetables. The CEO said a market-led approach equips farmers with knowledge of how much vegetables they should plant and which are the suitable varieties for that particular season. “Instead of using a market-led approach, some farmers just go and plant vegetables before soliciting the market and in most of the time, they grow more than the market demands and making matters worse, they grow wrong varieties and this subsequently results in most of them making loses,” he explained.            

Share9Tweet6Share2
ADVERTISEMENT
Previous Post

UNESWA academic staff to protest over CoLa

Next Post

Rugby Union gearing up for return to play

Sifiso Sibandze

Sifiso Sibandze

Related Posts

TUCOSWA reported Eswatini for banning Trade unions gatherings
Local News

TUCOSWA reported Eswatini for banning Trade unions gatherings

May 30, 2023
Eswatini failed business effected by Political unrest
Community News

Eswatini failed business effected by Political unrest

May 29, 2023
His Majesty King Mswati III making his remarks during the launch and sod cutting of selected business projects at Malkerns Square.
Business

King Mswati III Prioritizes Business Protection for Economic Growth and Job Creation in Eswatini

May 27, 2023
Next Post
Rugby Union gearing up for return to play

Rugby Union gearing up for return to play

Discussion about this post

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Eswatini failed business effected by Political unrest

Eswatini failed business effected by Political unrest

May 29, 2023
TUCOSWA reported Eswatini for banning Trade unions gatherings

TUCOSWA reported Eswatini for banning Trade unions gatherings

May 30, 2023
Ministries of Finance and Commerce, Industry and Trade officials pose with CFI officials and Finance stakeholders during the launch of the Blended FinScope MSME Survey Eswatini 2023. Photo: Eswatini Government

Eswatini launches FinScope MSME survey for financial inclusion and growth

May 18, 2023
Eswatini Bank launches its Buhleni Branch

Eswatini Bank launches its Buhleni Branch

October 26, 2022
TUCOSWA reported Eswatini for banning Trade unions gatherings

TUCOSWA reported Eswatini for banning Trade unions gatherings

May 30, 2023
Eswatini failed business effected by Political unrest

Eswatini failed business effected by Political unrest

May 29, 2023
His Majesty King Mswati III making his remarks during the launch and sod cutting of selected business projects at Malkerns Square.

King Mswati III Prioritizes Business Protection for Economic Growth and Job Creation in Eswatini

May 27, 2023
Standard bank leads in financing green energy projects

Standard bank leads in financing green energy projects

May 25, 2023
ADVERTISEMENT

PressReleases

Jehovah’s Witnesses ‘pursuing peace’ amid rising global tensions
Press Releases

Jehovah’s Witnesses ‘pursuing peace’ amid rising global tensions

August 10, 2022

Amid global tensions that dominate public attention, Jehovah’s Witnesses have been united with millions of others around the globe for...

Read more
New Scenarios on Global Food Security based on Russia-Ukraine Conflict

New Scenarios on Global Food Security based on Russia-Ukraine Conflict

March 21, 2022
MTN donates US$25 million to the African Union’s COVID-19 vaccination programme

AFRICA BRAND AWARDS: MTN named most helpful private sector brand during the pandemic

May 28, 2021
Close to 1 000 people to benefit in MTN, NAMBoard, SEL CSI projects

NAMBoard’s bid to improve stakeholder engagement programs

May 27, 2021

Stay Connected test

  • 13.6k Fans
  • 5.1k Subscribers

Recent News

TUCOSWA reported Eswatini for banning Trade unions gatherings

TUCOSWA reported Eswatini for banning Trade unions gatherings

May 30, 2023
Eswatini failed business effected by Political unrest

Eswatini failed business effected by Political unrest

May 29, 2023
His Majesty King Mswati III making his remarks during the launch and sod cutting of selected business projects at Malkerns Square.

King Mswati III Prioritizes Business Protection for Economic Growth and Job Creation in Eswatini

May 27, 2023
Standard bank leads in financing green energy projects

Standard bank leads in financing green energy projects

May 25, 2023


ADVERTISEMENT
Independent News

Independent News Eswatini is a registered private media house in Eswatini established in 2007 and is based in Mbabane. We are the fastest growing weekly news publication in Eswatini that seeks to publish, investigative stories that give insight and play the watchdog media role in government politics, uncovering corruption, giving business insights, technology and economic outlook in Eswatini.

Follow Us

Browse by Category

Recent News

TUCOSWA reported Eswatini for banning Trade unions gatherings

TUCOSWA reported Eswatini for banning Trade unions gatherings

May 30, 2023
Eswatini failed business effected by Political unrest

Eswatini failed business effected by Political unrest

May 29, 2023
His Majesty King Mswati III making his remarks during the launch and sod cutting of selected business projects at Malkerns Square.

King Mswati III Prioritizes Business Protection for Economic Growth and Job Creation in Eswatini

May 27, 2023
  • About Us
  • Advertise
  • Privacy Policy
  • Contact Us

© 2020 Independent News - All Rights Reserved

No Result
View All Result
  • Home
  • COVID-19
    • COVID-19 Global Data
  • News
    • Local
    • South Africa
    • Africa
    • World
  • Business
    • Economy
    • Markets
    • Finance
    • Businesses
    • World Economy
  • Technology
  • Travel
    • Travel News
    • Hotels
    • Domestic Tourism
    • Health
    • Home and Garden
    • Motoring
    • Travel Tips
  • Entertainment
    • Local
    • Upcoming Events
    • International
    • Celebrity News
    • What’s On
    • Music
    • Movies
  • Tenders
  • Sports
    • Local Sports
    • Legend Corner
    • International Sports
    • Soccer
    • Rugby
    • Cricket
    • Tennis
    • Boxing
    • Cycling
    • Golf

© 2020 Independent News - All Rights Reserved

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In