What first credit rating means to an ordinary Swazi
Though the credit rating subject might sound too complex and less significant to ordinary members of the society including the elderly, it actually means a lot to every Swazi citizens.
This was explained by Central Bank of Swaziland (CBS) General Manager Economic Policy and Research Statistics Sikhumbuzo Dlamini while responding to a question from The Nation Magazine Editor Bheki Makhubu during the launch of the country’s credit rating report yesterday.
Dlamini said if government widens the opportunity to raise funds that means the state would have sufficient funds to effectively run social services including health and the payment of social grants.
CBS General Manager Financial Markets Melvin Khomo said the assumption was that after the credit rating, there would be an appetite from international investors in government securities to also fund infrastructure projects which could also boost growth.
SRA CG Dumisani Masilela sharing a light moment with Senator Mike Temple while MP Khumalo receives assistance with the device which was used for the Q&A session.