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International

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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Eswatini Co-operatives Celebrate E3 Billion in Savings

By Lwazi DlaminiThe 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 announcement was…

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NACAs receive E500,000 boost from Burkina Faso

By Siphesihle DlaminiThe 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 financial…

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25% of MTN Bushfire tickets sold

By Siphesihle DlaminiTicket 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 WhatsApp…

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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 inclusion…

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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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360 Facata cases valued at over E 3 million

By Delisa Thwala To date, the Royal Eswatini Police Service (REPS) statistics show that a total of 360 Facata cases have been reported to the Police with a total value…

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Phalala Fund E1.3 billion in the red

By Lwazi DlaminiThe cat is finally out of the bag!The suspension of the Phalala Referral Fund by the Government last year came because of a staggering over E1 billion debt.The…

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IMF urges fiscal restraint as future SACU revenues decline

By Thokozani MazibukoA laser-focused report from the International Monetary Fund (IMF) during its recent Annual Article IV mission, the finance landscape of the country is set to undergo significant scrutiny…

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‘We are looking to create the best copyright system in the continent’

The Principal Secretary of the Ministry of Commerce, Industry and Trade, Melusi Masuku, articulated that their goal is to establish ‘the best copyright system in the continent.’ The economic implications…

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