LABOUR
Legal Framework
Swaziland is governed by an independent judiciary system
that ensures protection of property and individual rights.
All business enterprises are legally incorporated under the
Companies Act of 1912, with rights of a legal persona, with
powers to sue and be sued.
Labour Availability
The kingdom has largely, a young population, 60% of which
is below the age of 21 years. The country's educational system
produces over 10,000 high school, college and university graduates
annually. This ensures an abundant supply of a literate, English
speaking labour force, which can be easily tapped by industry.
A technically skilled labour pool is obtained from post high
school vocational institutions and Technikons. The University
of Swaziland at Matsapha and Malkerns supply diploma and first
degree students in science, economics, commerce and accounting
disciplines as well as humanities. Short-term in-service training
in management, supervisory and computer skills is provided
by the many accredited management training institutions in
the country.All companies operating in Swaziland are governed
by, amongst others;
Industrial Relations Act of 2000
This Act provides the general legal framework of operations
of companies, employer to employee relations, employer –
union-employee relations, dispute resolution mechanism and
other statutory requirements.
Wages Act of 1964
This Act and its regulations specifies the basic minimum
wage applicable per sector, conditions of service highlighting
hours of work, overtime, public holidays, annual leave etc
for each business sector.
Workmen's Compensation Act of 1983
This Act specifies the requirement of manufacturing companies
to acquire workmen's insurance cover for all employees, in
case of injury sustained at work.
Swaziland National Provident Fund
This Act directs all employees to deduct E30 from each employee,
contribute an additional E30 per employee and remit E60 per
employee to the provident fund |