by Winile Mavuso
The agricultural sector accounts for more than 32% of the Common Market for Eastern and Southern Africa (COMESA)’s gross domestic product (GDP) and employs 80% of the labour force.
This was revealed by COMESA Secretary General Sindiso Ngwenya during the fourth joint meeting of ministers of agriculture, environment and natural resources held in Swaziland.
He said the sector also accounts for 65% of foreign exchange earnings and contributes more than 50% of raw materials in the industrial sector. Ngwenya said, however, the region was confronted with challenges of climate variability, inadequate investment financing and land degradation.
Swazi Observer
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July 26, 2011
Agriculture forms 32% of COMESA GDP
Categories COMESA
