
Blossom of Thought
Pius Vilakati: Pegged: The Hidden Chains Between Eswatini and South Africa
PiusVilakati, International Secretary of the Communist Party of Swaziland, currently exiled in Azania/South Africa, joins me to talk about the dialectical relations of the economy of South Africa and eSwatiniEswatini doesn't control its own currency. Half its government revenue depends on a customs union it cannot leave. And for over a century, its men have gone underground to dig South Africa's gold. In this episode, we examine the dialectical relationship between Eswatini and South Africa — two economies locked in contradiction, each shaping and shaped by the other. We trace the history from colonial dispossession through apartheid-era collusion to the structural dependency that persists today — pegged currency, South African banks, South African supermarkets, South African electricity, South African telecommunications. And we ask the question that the official story of independence has always avoided: is Eswatini a sovereign nation — or a labour reserve with a flag?

