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Eswatini Financial Times

On the Ground

Apple clarifies Siri privacy stance after $95 million class action settlement

Apple clarified on Wednesday that it has never sold the data collected by its Siri voice assistant or used it to create marketing profiles, just days after settling a case…

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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 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 Thwala The 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…

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Eswatini Co-operatives Celebrate E3 Billion in Savings

By Lwazi Dlamini The cooperative sector in Eswatini is making significant progress and setting an example in the Southern African region, having amassed an impressive E3 billion in savings. This…

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NACAs receive E500,000 boost from Burkina Faso

By Siphesihle Dlamini The NACAs, which play a pivotal role in recognizing and celebrating the artistic talents and cultural heritage of Eswatini, are poised to benefit immensely from this timely…

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25% of MTN Bushfire tickets sold

By Siphesihle Dlamini Ticket sales for the MTN Bushfire festival have witnessed a record-breaking launch, with over 25% of the festival’s tickets already sold online and through the MTN MoMo…

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Financial Inclusion High in Eswatini

By Delisa Thwala The recently launched Digital Readiness Assessment (DRA) report has revealed that Financial inclusion is high in Eswatini. According to the National Financial Inclusion Strategy II (2023-2028) financial…

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Mining boom in South Africa sets stage for growth in Eswatini’s mining sector

By Ncaba NtshakalaThe recent surge in South Africa’s mining production, which increased by 4.7% year-on-year in September 2024, has surpassed expectations and provides a strong indication of the sector’s resilience…

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