Eswatini fuel prices surge 51.2% since April
The Ministry of Economic Planning and Development warns of increased production costs and weakened export competitiveness.
Fuel prices in Eswatini have risen by 51.2 per cent since April 2026, placing significant cost pressures on the economy. This increase threatens business competitiveness, reduces household purchasing power, and hinders economic recovery efforts.
The Ministry of Economic Planning and Development stated in its FY2026/27 Second Quarter Performance Report that persistent fuel price hikes, driven by Middle East tensions and global supply chain disruptions, have raised production costs. This situation significantly weakens Eswatini's export competitiveness and fuels inflation, which is currently limiting consumer spending.
Despite these challenges, Eswatini's economy grew by 6.5 per cent in the second quarter of 2026 compared to the same period in 2025. The primary sector expanded by 9.3 per cent, driven by agriculture and mining, while the industrial sector grew by 11.6 per cent, with manufacturing output up 14 per cent.
Why it mattersBusinesses face higher production costs and reduced export competitiveness due to rising fuel prices.