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Life

E21.8 million tetfulo a sign of economic growth – King

Stories by Bahle GamaHis Majesty King Mswati III says the gifts presented at the Incwala ceremony indicate that the country’s economy is growing.The King said this during the fifth day…

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ENPF Investments increase on local and foreign lands

By Delisa Thwala Eswatini National Provident Fund (ENPF)’s investment has soared for the year 2024. This is contained in the CEO’s performance report which she presented during the 6th ENPF…

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ENPF Contributions increase by E59 million

By Delisa Thwala The financial year 2023/24 that ended June 2024 has been a favourable year for the Eswatini National Provident Fund (ENPF).ENPF’s contributions received increased by E59 million, this…

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ESERA records E49.23 million income

By Delisa Thwala In the Financial Year 2023/24, The Eswatini Energy Regulatory Authority (ESERA) received a total income of E49.23 million, a 4% increase from the previous fiscal year. Majority…

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E86mln for over 43000 Civil Servants’ sweetener

By Thokozani MazibukoCivil servants in Eswatini are set to have a blissful Christmas as they are set to share an E86 million sweetener as part of their 1 per cent…

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Implementation of approved RDF Projects

During the period under review there were four completed projects, all infrastructural. The completed projects are worth E1 717 759.00 and benefitting 107 direct beneficiaries and 40 jobs created. This…

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Tinkhundla Ministry pumps over E35 million into 53 projects

By Delisa Thwala The Ministry of Tinkhundla Administration and Development has completed their major projects to the value of E35 603 018 72. This is contained in their 2nd Financial…

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CIC and Stakeholders to ease compliance terms

The Construction Industry Council (CIC) and its counterparts have committed to easing the compliance burden on businesses within the sector.CIC CEO Maqhawe Mnisi acknowledged the significant costs associated with compliance…

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CIC goes from E3 billion to over E 5 billion worth of projects

By Delisa Thwala The Construction Industry Council (CIC) of Eswatini has registered over 1000 contractors valued at E 5 836 390 795 billion for the year 2023/2024. This was revealed…

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Interest rate goes down by 25 basis points

By Delisa ThwalaThe Central Bank of Eswatini (CBE) together with the monetary policy consultative committee have reduced the discount rate from 7.25% to 7.0%. This was announced by CBE Governor…

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