THE AFRICAN CHRONICLE: latest African news

Southern AfricaPolitics & Governance

Eswatini’s foreign business crackdown raises a bigger question: Who really benefits from economic empowerment?

Parliament has backed a 12-month transition period for foreign-owned businesses operating unlawfully, as Eswatini seeks to put more economic activity in citizens’ hands. But with jobs, consumers, investment and the readiness of local entrepreneurs at stake, the crackdown exposes the difficult balance between economic empowerment and economic disruption.

The accountability desk

Investigations

We follow the money and hold power to account.

All investigations

Know something we should investigate? Send us a tip securely

Politics & Governance

More Politics & Governance

Southern AfricaPolitics & Governance

Eswatini’s foreign business crackdown raises a bigger question: Who really benefits from economic empowerment?

Parliament has backed a 12-month transition period for foreign-owned businesses operating unlawfully, as Eswatini seeks to put more economic activity in citizens’ hands. But with jobs, consumers, investment and the readiness of local entrepreneurs at stake, the crackdown exposes the difficult balance between economic empowerment and economic disruption.

Economy & Business

More Economy & Business

Southern AfricaPolitics & Governance

Eswatini’s foreign business crackdown raises a bigger question: Who really benefits from economic empowerment?

Parliament has backed a 12-month transition period for foreign-owned businesses operating unlawfully, as Eswatini seeks to put more economic activity in citizens’ hands. But with jobs, consumers, investment and the readiness of local entrepreneurs at stake, the crackdown exposes the difficult balance between economic empowerment and economic disruption.

Crime & Courts

More Crime & Courts

Sport

More Sport

Culture & Lifestyle

More Culture & Lifestyle

World

More World

Across Africa

All regions