Communist Party of Swaziland condemns theft of workers' pension funds by Mswati dictatorship

Mswati III speaking on May 4, 2026 -- Taiwan Presidential Office, CC BY 4.0, via Wikimedia Commons

CPS on the theft of workers' pension funds by Mswati and his tinkundla regime

Sunday, 14 June 2026: - The Communist Party of Swaziland (CPS) stands resolutely against the rampant theft of workers' savings and pension funds orchestrated by the Mswati dictatorship. This heinous act is not merely an economic crime; it is a profound betrayal of the very citizens who toil to sustain our country’s economy.

Workers across Swaziland have dedicated their lives to building our country, contributing their hard-earned savings to pension funds that are meant to secure their futures. However, the Mswati regime has turned these funds into a tool for exploitation, using them to back bankrupt foreign capitalists. This is not only a betrayal of trust but an outright theft of the collective wealth of our labour force.

The involvement of foreign syndicates in this scheme exacerbates the situation. These entities, motivated solely by profit, are complicit in the Mswati regime's actions. By accepting funds that rightfully belong to workers, they participate in the systematic dismantling of our economy and the impoverishment of our people. The CPS demands accountability from these foreign companies, demanding them to cease their collaboration with a regime that prioritizes its interests over the welfare of the Swazi people.

In light of these injustices, we call upon all workers to unite and rise against this theft. It is imperative that we collectively challenge the Mswati regime and its collaborators. We must make our voices heard, demanding transparency and accountability for the misuse of our hard-earned savings.

It is essential to document every instance of this theft. By doing so, we will ensure that the future democratic dispensation has a comprehensive case to recover all misappropriated funds and assets. This documentation will serve as a crucial foundation for the reconstruction program and economic emergency plan that our new government will implement.

As we stand against these injustices, we must also strengthen our resolve to build a better future. The CPS envisions a People's Republic where the wealth generated by our workers is utilized for the benefit of all, rather than siphoned off to enrich foreign capital at the expense of our citizens.

The CPS is committed to advocating for a just and equitable system that prioritizes the rights and needs of workers. We believe in a democratic process that involves the active participation of the people in decision-making.

Our vision includes; economic sovereignty by reclaiming our economic independence, ensuring that our resources are used to uplift our communities rather than lining the pockets of foreign investors. A comprehensive economic recovery plan where the future government must implement robust recovery plans that focus on rebuilding our economy, creating jobs, and securing a stable financial future for all citizens. We will advocate for policies that empower workers, ensuring their voices are heard and their rights protected. Workers must have a say in how their savings and pensions are managed.

The CPS calls upon all citizens to join and support workers in this fight against the theft of their pension funds. We need a strong united movement that challenges the status quo and paves the way for a democratic and equitable system. We must stand firm against this injustice, reclaim what Is rightfully ours, and work towards a People's Republic that reflects the values of justice, equality, and solidarity.