Dr. Jabulane Matsebula 2.0: Political and Economic Crisis in Swaziland

Blossom of Thought

On his return to our platform, distinguished Dr. Jabulane Matsebula speaks economic crisis in Swaziland and provides solutions. Dr. Matsebula has a Ph.D. in political sociology and has held various positions in academia and government in Australia, including international multilateral engagement in the Asia-Pacific Economic Cooperation forum (APEC), G20, and OECD. He is also a founding member of PUDEMO one of the largest liberation political formations in Swaziland.

He talks about:

• The pillars or indicators of economic growth – namely – population, participation, productivity and production of goods and services, etc.
• Leading economies are now operating on a digital platform economy and Swaziland should take the same trajectory.
• Swaziland runs two economies: the general economy and the royal family economy.
• King Mswati’s use of first-world status as a concept of economic analysis is an outdated post-cold war concept not used anymore in contemporary economic analysis. The Dr. thinks unemployment amongst young people in Swaziland is a national crisis and must be treated as such. The government has been unable to control unemployment for over 20 years.
• What Swaziland needs is a government that works for the people and the general well-being of the people living in Swaziland. The government is preparing the youth for jobs that will not be there in the future.
• The money given to the royal family by the government doesn’t go back to circulate in the economy because they shop overseas
• The political system in Swaziland is rotten to the core and it can’t support economic growth. Swaziland needs a new system to rescue the economy. As things stand, there is more economic pain ahead for Swaziland.
• If there are massive people without jobs, wages go down or they don’t grow.

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