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Eswatini Financial Times

Economic growth

Equinor completes Nigeria, Azerbaijan asset sales of up to $2 billion

The logo of Equinor is set up at the entrance of a building at Western Europe’s largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi…

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Nissan boss Uchida races to save the automaker – and his job

Nissan CEO Makoto Uchida By Norihiko Shirouzu,  David Dolan and Maki ShirakiTOKYO – In early October, Nissan Motor managers dialled in for a regular online meeting with boss Makoto Uchida only to hear a grim…

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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,…

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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 Mazibuko Civil 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…

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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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