Swaziland: Crisis as customs union revenue is slashed

Apart from the looming job losses in Swaziland’s public sector, small and medium enterprises (SMEs) have also warned of retrenchments following the government’s decision to suspend procurement from small businesses. The government of the southern African autocratic monarchy has been forced to cut expenditure after its receipts from the Southern African Customs Union (SACU) shrunk with 60 per cent.