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Quantifying the Size and Development of the Shadow Economy in Swaziland

The size of the shadow economy has been declining at a slow rate over the past 16 years in Swaziland. The size of the shadow economy was found to be 37.4 % in 2016. This was equivalent to E20.5 billion of the Gross Domestic Product (GDP) in 2016. Th…

Exploring the Relationship between Unemployment and Mental Illness among the Youth in Selected Communities in Eswatini

Studies have demonstrated that the effects and consequences of a lack of work has detrimental effects on one’s mental health. With high levels of youth unemployment presenting a threat to the country’s efforts to sustainable economic development th…

An Insight into Community-based Ecotourism in Eswatini: Theory versus Practice

The study provides a baseline of the performance of Community-based Ecotourism (CBET) ventures in Eswatini using primary data collected from 186 participants. The data was collected through face-to-face interviews amongst across five CBET sites. Des…

Stokvels: An Instrument for Income Generation and Wealth Creation?

Stokvels are increasingly being recognised as a solution to contribute to income generation and wealth creation, especially amongst low-income earners who are excluded from the formal financial markets. This study investigates the contribution of st…

Financial Inclusion in Eswatini: What is Driving the Adoption of Mobile Money?

Mobile money has gained increasing importance and prominence in many sub-Saharan African countries and as a result, it is seen as a possible key to fast-tracking financial inclusion in developing countries including Eswatini. Although financial incl…

The Economic Benefits of Technical and Vocational Education and Training (TVET) in the Kingdom of Swaziland: A Case of the National Handicraft Training Centre (NHTC)

Technical and Vocational Education and Training (TVET) in Swaziland is key for employment and self-employment opportunities which result in economic growth. TVET has proven to be an educational pathway that can be used to significantly reduce the un…

The Implications of COVID-19 on the Shadow Economy

Inevitably, people trading in the informal sector will be one of the hardest hit groups due to COVID-19. Given that businesses in the informal sector tend to be unregistered, many of them do not pay tax and so are generally not eligible for structur…

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