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Economy

SACU receipts decline poses challenges as govt moves to stabilize the fiscus

By Ncaba Ntshakala The Minister of Finance, Neal Rijkenberg, has highlighted the significant decline in Southern African Customs Union (SACU) receipts as a pressing fiscal challenge facing Eswatini. Speaking during…

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Crackdown on liquor outlets near institutions of learning

By Bahle GamaThe Ministry of Commerce, Industry, and Trade is taking a firm stance against liquor outlets operating near institutions of learning, courtesy of the successful passage into law of…

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ECONOMIC DEVELOPMENT TOP PRIORITY IN EWADE’S MNWAP’S PROJECT

By Lwazi DlaminiThe Eswatini Water and Agricultural Development Enterprise (EWADE) Mkhondvo-Ngwavuma Water Augmentation Project has a four-pronged approach with economic development the main priority.The other three areas of priorities are,…

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Inyatsi Foundation pumps E100 000 donation to boost disaster relief efforts

By Ncaba NtshakalaInyatsi Foundation has taken a compassionate and impactful step in supporting emaSwati struggling with the devastating aftermath of recent natural disasters by donating food parcels, blankets, and mattresses…

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SACU revenue declines by 20.4%, E2.66 billion shortfall in 2025/26

By Ncaba NtshakalaThe Kingdom of Eswatini has experienced a significant decline in Southern African Customs Union (SACU) revenue for the 2025/26 fiscal year, marking a 20.4 per cent reduction compared…

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Exchange rate risks loom despite growth prospects

By Thokozani Mazibuko Africa’s economic outlook for 2025 presents a paradox: substantial growth potential coupled with heightened exchange rate risks.As nations across the continent strive to stabilize their economies amid…

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Mpakeni Dam expected to start irrigation in 2027-2028

By Bahle GamaMinister of Finance Neal Rijkenberg says the Mpakeni Dam is expected to start the first irrigation around 2027-2028, and from then, it will have a huge expansion.In a…

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Uncle Waffles in over E1 Mln lawsuit

By Siphesihle DlaminiEswatini-born and world-acclaimed DJ Uncle Waffles, born Lungelihle Zwane, is at the centre of a legal dispute involving an E1 million lawsuit filed by a promoter in East…

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Africa will only mobilise US$195 billion by 2035

By Bahle GamaAfrica’s share of the total global climate change amounts to 55.3 per cent. At the current finance levels of around US$30 billion per year, Africa will only mobilise…

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World Vision Eswatini Secures E341 Million in Funding, Empowers Over 180,000 Lives

by Ncaba NtshakalaWorld Vision Eswatini (WVE) has achieved a major milestone, securing E341 million (US$18.102 million) in funding for the financial year ending September 30, 2024. This marks an increase…

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