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Eswatini Financial Times

Economy

E16.85 mln investment bolsters Eswatini’s education sector

By Delisa MagagulaEswatini has recorded a significant milestone in its education journey, following UNICEF Eswatini’s appointment as the Grant Agent for the Global Partnership for Education (GPE) System Capacity Grant.…

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Provisional gross official reserve sits at E15.4bn

Provisional gross official reserves stood at E15.4 billion at the end of November reflecting growth of 6.8 per cent month-on-month and 21.8 per cent year-on-year. The month-on-month growth was mainly…

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Eswatini, SADC spend E7.8bln mitigating drought, floods

By Delisa Magagula Eswatini and other Southern African Development Community (SADC) member states have spent a staggering E7.8 billion over the past decade mitigating risks caused by severe droughts and…

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Employers give ENPF conversion the nod

By Kwanele Dhladhla The private sector has given its blessing to the long-debated conversion of the Eswatini National Provident Fund (ENPF) into a fully-fledged pension scheme, with business leaders emphasising…

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MTN dividends to SEL drop by E15.4 mln in 2 Years

By Kwanele Dhladhla Swazi Empowerment Limited (SEL), one of Eswatini’s largest locally owned investment companies, has reported a steep decline in dividend income from its cornerstone investment in MTN Eswatini,…

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Trump says US has a buyer for TikTok

President Donald Trump said on Tuesday that the U.S. and China have a deal that would keep TikTok operating in the United States, transferring its U.S. assets to U.S. owners…

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E250 mln severance burden, 20k job losses under new law

By Delisa Magagula Business Eswatini has warned that the prohibition of triangular employment, as outlined in Section 129 of the Employment Bill No. 12 of 2024, could trigger devastating consequences…

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E40 mln Boxer Superstore in Mbabane takes shape

By Delisa Magagula The E40 million Boxer Superstore developments at The New Mall in Mbabane is progressing steadily, with construction now visibly transforming the roadside site that will soon house…

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Eswatini’s MSMEs are poised for growth, but only 1% ready to export

PULSE OF THE WEEK …With Siphesihle Dlamini Eswatini’s economy is powered by a vibrant ecosystem of micro, small, and medium enterprises (MSMEs), numbering around 70,000 according to the National MSME…

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Half salaries, no Angola trip for ‘Birds’

By Chris Dlamini and Sibusiso Masilela Will it be the Mozambican investor or another at Mbabane Swallows? As months pass by, finances at Mbabane Swallows continue to be the capital…

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