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Eswatini Financial Times

Africa

Parly approves over E11.4 Billion Loan Bills in two Days

By Thokozani Mazibuko In a move aimed at bolstering infrastructure and economic growth, the House of Assembly has approved loan bills worth over E11 billion within a span of just…

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E140 million shell of a dream by Govt

By Delisa Magagula The Government of Eswatini has set aside E140 million for the construction of 10 factory shells in the 2025/26 financial year as part of its strategy to…

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ENPC justifies E5.2 bln Strategic Oil Reserve cost

By Kwanele Dhladhla The Eswatini National Petroleum Company (ENPC) has clarified the conundrum, which has led to the false narrative that there has been a project cost increase of over…

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Digital banking startup Chime targets $11.2 billion valuation in US IPO

Digital banking startup Chime Financial said on Monday it was targeting a valuation of up to $11.2 billion on a fully diluted basis in its long-awaited New York initial public…

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Microsoft to invest $400 million in Switzerland on AI, cloud computing

Microsoft (MSFT.O), opens new tab will invest $400 million in Switzerland, the company said on Monday, with the money going towards developing its cloud computing and artificial intelligence infrastructure. The…

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PM Applauds 12th Parliament for Advancing Economic Growth Through E11.4 Billion Loan Approvals

By Thokozani Mazibuko Prime Minister Russell Mmiso Dlamini has commended the 12th Parliament for its decisive role in stimulating economic growth, following the approval of over E11.4 billion in Loan…

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CBE Governor warns of growth risks despite sectoral rebounds

By Delisa Magagula Delivering the Central Bank of Eswatini’s (CBE) 2025 Annual Monetary Policy Statement, Governor Dr. Phil Mnisi presented a cautiously optimistic picture of the country’s economic outlook, while…

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MPs call for an increase in OVC school fees

By Kwanele Dhladhla Members of Parliament have alleged that some support staff in government schools work for six months without pay due to bankruptcy, which is caused mainly by the…

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Eswatini’s E1.8 bln IDA loan to light up 50,000 homesteads by 2030

By Kwanele Dhladhla The Ministry of Finance has tabled a loan before Parliament, which seeks to raise E1.8 billion (37 million Euros) to provide electrification to 50 000 homesteads in…

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Eswatini Bank invests close to E1 billion into economy

By Lwazi Dlamini Eswatini Bank’s commitment to building a resilient and inclusive economy has been demonstrated by the close to E1 billion investment strategically channelled into the SMME, Agri-business and…

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