Tue Sep 27 22:39:28 SAST 2016

Swaziland tops up king's personal budget

By Sapa-AFP | May 15, 2014 | COMMENTS [ 75 ]

Swaziland's King Mswati III has increased his annual household budget for 2014 by more than 10 percent to $61 million, as a large public wage bill continues to put pressure on the impoverished country.

The budget of the king, whose personal fortune is estimated around $200 million, makes provisions for his salary, his mother's upkeep and royal aides.

It also includes provisions for construction work on palaces that will cost the tax payer about $12.6 million.

The royal budget is not debated in parliament, as discussions would be seen as challenging Africa's last absolute monarch.

Adding to the lack of transparency, audits of the budget are only presented to the king himself and the Royal Board of Trustees chaired by the minister of finance.

Mswati, who rules Swaziland with an iron fist has resisted democratic reforms, his extravagant lifestyle amid vast poverty has been criticised by pro-democracy activists.

The small kingdom is one of the poorest nations in southern Africa, where over 60 percent of the 1.2 million population live on less than $1 a day.

In the budget the social grant for the elderly remained unchanged at around $19 a month.

A 2013 report by the Central Bank of Swaziland, revealed that the country's GDP growth declined from 0.7 percent in 2011 to 0.2 percent in 2012.

In a recent report, the IMF criticised the Swaziland government's high public wage bill which totals $34 million a month.

"The country needs to look into aspects of reducing its high cost on government's wage bill which may affect the current economic status," said the IMF head of delegation, Jiro Honda, at the end of its mission this week.

The country's economy is propped up by revenue collection from the Southern Africa Customs Union (SACU), which makes up more than half of the budget.

COMMENTS [ 75 ]

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Pointman

That $61 million is way too much for a poor country like Swaziland to afford. But most Swazis say they like their king - I guess they deserve him. The time for this kind of uncouth behaviour has passed and so has the idea of privileged birth so someone needs to do something about this freeloading tub of lard.

May 15, 2014 6:47 | 2 replies

Diago

Zuma annexe Swaziland and Lesotho and the rich Botswana. Countries with a population less than 5 million combined.Just like Russia. There are more tswanas in SA than Botswana same to all the others.

May 15, 2014 10:59 | 0 replies

Mapholobakay1

Its all about indzunu (azz) This king likes indzunu too much. They should call him King Ndzunu.

May 15, 2014 3:30 | 0 replies

Theory

Tjo! #claphandones# your people are going hungry everyday shame on you...nothing facinate me about you and marrying young girls

May 15, 2014 6:57 | 0 replies

MthimbanaT

Here is a British educated moron whose main job description is collecting wives and b0nking, just like His Majesty Zweli from the poverty stricken Zulu Kingdom and the ZANC god Zuma. I hear they are friends. All at the expense of the taxpayer.

May 15, 2014 6:57 | 9 replies

child4real

hahahaha...lol,

May 15, 2014 8:13 | 0 replies

CharlesTaylor2

Unfortunately KZN is one of the fastest growing provinces in the country. The GDP of KZN is third behind GP and WC. His Majesty King Zwelithini don't alocate himself budget but he receive from Govt.

May 15, 2014 8:22 | 0 replies

CharlesTaylor2

... sorry, I meant KZN GDP is second only to GP.

May 15, 2014 8:23 | 0 replies

Mgwijikhwebu

MthimbanaT. His Majesty the King of Swaziland is waiting for you to come back and serve him. Stop complaining wena Mampara. For your information: KZN is not poverty stricken if you what that means. Your Kingdom (Swaziland) is the one that befits such a description. Please do not drag my King (Zwelithini) into this wena slima sikabhayilami. Even Mosholozi is irrelevant while discussing this story. Can you really think and write a sentence without imagining Zuma wena mdidi wenja?

May 15, 2014 11:4 | 0 replies

Diago

Charlstaylor stop lying its all because of bigger population but the standard of leaving far behind. Limpopo has one of the fastest growing economy where new brand new towns Burgersfort, (Platinum reserves exceeding Nort-West) and Lephalele (New huge Power Station Eskom due to Coal reserves exceeding that of Witbank) are the two power horse regional stars. You just overcrowded and consume a lot on the national budget including your king.

May 15, 2014 11:8 | 0 replies

Mgwijikhwebu

Diago. CT2 is giving you facts, but all you give him is emotions. Yes Limpopo is one of the richest provinces in SA and has the potential to take the lead in the near future mainly due to its mineral riches and fertile lands. But at this moment, KZN is the second biggest contributor to our GDP. That's factual, you can Google it if you need evidence or visit data from Statistics SA. Yes KZN has the second largest population after GP, but that's not the reason for its economic clout. If numbers really counted, then KZN would have been the leader for at least 2 decades or so since GP's population only surpassed KZN's in just a couple of years ago.

May 15, 2014 11:16 | 0 replies

Diago

Mgwiji, also think of Nigeria having the biggest GDP in Africa but the per capita income/standard of leaving far below that of South Africa, same as China almost overtaking USA, also with India's huge GDP etc. Numbers do count when it comes to GDP thats a fact and is due to a huge market or demand for consumer goods. The King was recognised by the Apartheid government initially and a Commission was also instituted and other kingship were confirmed but the problem is that some are still being disputed e.g. Sekhukhune/Mampuru for the pedis and others confirmed as Chieftainships. This is a government title but all nations have Kings as they refer to their leaders as Kings..

May 15, 2014 11:54 | 0 replies

MthimbanaT

@Diago, salute for your knowledge of economics my brother. Ignore this taxi driver Mgwiji before he starts swearing at you. That's what he does when he does not have a valid counterargument

May 16, 2014 7:7 | 0 replies

Mgwijikhwebu

MthimbanaT. Economics is not just about numbers wena sphukuphuku. You can have numbers, but numbers don't necessary create a market for your products. People first need to be employed have good paying jobs before one can start throwing the numbers game. KZN is a province within SA, not a country like Nigeria. You may find that most of KZN's money is made through "trading" its product with other provinces as opposed to its people buying the product. If the level of employment was high in KZN, then your argument would hold water to a certain extent. Secondly, tourism is one of the biggest contributors to the provinces economy. May I remind you that again by far the majority of tourists are not from KZN? Think before throwing your rubbish. Economics goes far beyond just numbers, especially in a province within a country.

May 16, 2014 9:13 | 0 replies

DJMEENER

Oh God!!! Another imbecile. We have our own Dooof, Zim has their own, Zululand also have their own. God when will these imbeciles stop benefiting from the poor???

May 15, 2014 6:59 | 0 replies

Slendernevergettired

61 million dollars, annually, that's R628,648,782.29, what does a person do with such a lot of money on an annual basis?

May 15, 2014 7:1 | 0 replies

MthimbanaT

And his poverty stricken country is ravaged by AIDS, just like KZN which is the kingdom of his friends Zuma and His Majesty Zweli.

May 15, 2014 7:4 | 4 replies

CharlesTaylor2

MthimbanaT - KZN is one of the two main contributors in SA economy, it deserves respect. And His Majesty the Zulu king of the Zulu Kingdom is the only legally recognised mornach in SA. Bayede Hlanga loMhlabathi!

May 15, 2014 8:28 | 0 replies

MthimbanaT

I don't give a sheet about His Majesty the b0nker. He's a parasite.

May 15, 2014 8:41 | 0 replies

Mgwijikhwebu

MthimbanaT. Ave ungenangqondo wena mfana weSwati.

May 15, 2014 11:6 | 0 replies

Dadda

Wena Themba T, phindela kini eswazini, Swazi King and Zulu king are not friends, they are both kings, lol. have something in common

May 15, 2014 11:40 | 0 replies

Mzabalazo

Can anyone tell me why do we still allow ourselves to be oppressed and exploited by monarchy? It has no positive role in our country except fuelling tribal divisions and waste of taxpayers money. In no time the Inkandla government of the ANC will be giving Makhosetive Mswati billions of rands, for what?

May 15, 2014 7:18 | 2 replies

Selfmade100millionaire

Hello boy, wake up. There is no nation or a tribe if there is no king. Wake up, you see a nation or tribe behaving in a certain manner is because of the customs that are practice and usually those customs are practiced to preserve the same nation or tribe. From Zulus in South Africa to British with Queen Elizabeth in Britain and it's Common Wealth realms. Go to Sweden, Norway, Spain, Netherlands, currently Libya in Africa, etc those people have kings or kings. Saudi Arabia is strong as it is is ruled by a king. Morocco, Bahrain, UAE, etc.

May 15, 2014 8:40 | 0 replies

MommaC

Selfmade100millionaire - twaaak. Lots of countries don't have kings or queens. I don't think any country, other than Swaziland, has an absolute monarchy. Besides, we don't have to bail them out so I don't actually care if they have kings or not.

May 15, 2014 10:14 | 0 replies

FEDE

Mzabalazo u r absolutely right, the middle class always has to suffer for all these morons hu make decisions in their back doors, it jst makes me sick to my stomach.

May 15, 2014 7:23 | 1 replies

child4real

Hahaha ....and that middle class loves it to death, they will kill you if you wanna make them be aware of that....idiots,

May 15, 2014 7:43 | 0 replies

#Shredder#

A horny reptile

May 15, 2014 7:27 | 0 replies

Robaletheka75

This guy does not have ampathy for his people. How can you be a leader but not think about the plight of the people you lead.

May 15, 2014 7:43 | 0 replies

child4real

I heard zooommm is getting married, who has the full insight on that?

May 15, 2014 7:44 | 2 replies

CharlesTaylor2

That was April fool joke my friend, it May now wake up.

May 15, 2014 8:30 | 0 replies

MommaC

Zuma has paid lobola and is officially engaged to Sebentile (?), who is some relitive of Mswati, but nobody seems to know if he will ever marry her

May 15, 2014 8:40 | 0 replies