at reducing disparities in employee remuneration while improving organisational performance, Finance Minister Neal Rijkenberg has announced.
Speaking during his weekly Finance In Focus programme, Rijkenberg also welcomed Eswatini’s admission into the Egmont Group of Financial Intelligence Units, describing it as an important milestone that will strengthen the country’s fight against financial crime.
On the salary review, the minister said the government had already completed a salary review for the public service and had now turned its attention to parastatals. 
“We’re now also doing a salary review in the parastatals. So that salary review has now started. They’re busy with their work,” he said.
Rijkenberg explained that the review would cover all State-owned enterprises, including public utilities, regulators and other government-owned institutions.
According to the minister, Eswatini currently has about 50 State-owned enterprises.
He said one of the key objectives of the review is to address salary disparities that have developed over time.
“What we have found is we have our State-owned entities that have been doing quite well, that have been getting good increases, but at the same time those that have been battling have not been getting it, which starts making a certain amount of inequality.”
Rijkenberg said the review seeks to introduce greater harmonisation across salary structures, particularly among lower-income employees.
“The reviewer’s idea is to try and bring harmonisation across the scales.”
He clarified that harmonisation does not necessarily mean identical salaries across all organisations.
