ESA hosted a breakfast meeting on 10 August 2017 to launch its Integrated Annual Report for 2016/17. The event was graced by various key stakeholders of ESA. These included senior government officials, representatives of financial institutions, embassies representing ESA’s major markets and the media.
The ESA CEO highlighted the contents of the Report through a presentation. He emphasized the strong ESA performance despite the severe challenges owing to the drought and the changing market environment for Eswatini sugar (both domestically and abroad). This was illustrated by the attainment of sales revenue in excess of E4,6 billion, an increase from the revenues of E4,5 billion attained in the previous year.
The CEO further focused on the concept of Sustainability which he emphasized must be integrated across the sugar industry’s value chain. He noted that this was being integrated into the ESA business model where ESA shall play a supportive and facilitative role. He alluded to the fact that Sustainability ensures that the industry acts responsibly to present and future generations, while ensuring that current industry members run sustainable business operations.
The Integrated Annual Report 2016/17 is available on request from ESA Head Office (Mbabane). It can also be downloaded from here